GCMAsia - AUDUSD
AUDUSD
2017-08-10
| Resistance and Support | Level | Explanation |
| Resistance | 0.7890 | H4 |
| Support | 0.7845 | H4 |
AUDUSD, H4: AUDUSD remains traded within a downward channel while recently retraced from the resistance level of 0.7890. Such price movement suggest further downside bias for AUDUSD to extend lower towards the target of support level at 0.7845.
Resistance level: 0.7890, 0.7950
Support level: 0.7845, 0.7800