GCMAsia - AUDUSD
AUDUSD
2018-04-10
| Resistance and Support | Level | Explanation |
| Resistance | 0.7710 | H4 |
| Support | 0.7675 | H4 |
AUDUSD, H4: AUDUSD remains traded within a sideways channel while currently testing at the upper level. MACD histogram which illustrate upward signal may suggest the pair to advance further up and retest at the strong resistance of 0.7710. However, long-term trend direction can only be determined after a successful breakout from either side of the channel.
Resistance level: 0.7710, 0.7725
Support level: 0.7675, 0.7650