GCMAsia - AUDUSD

AUDUSD
2018-07-10
| Resistance and Support | Level | Explanation |
| Resistance | 0.7480 | H1 |
| Support | 0.7440 | H1 |

AUDUSD, H1: AUDUSD was traded higher while currently retest the resistance level of 0.7480. MACD and RSI which illustrate signs of reversal added with bearish crossover on MACD suggest the pair could be traded lower as a short term correction towards the support level of 0.7440.
Resistance level: 0.7480, 0.7530
Support level: 0.7440, 0.7410