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100818 AUDUSD

by | Aug 10, 2018 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-08-10
Resistance and Support Level Explanation
Resistance 0.7320 H1
Support 0.7275 H1

AUDUSD, H1: AUDUSD was traded lower following recent breakout below the support level 0.7320. Recent price action and MACD which display aggressive bearish momentum suggest the pair may extend its losses towards support level 0.7275.

 

Resistance level: 0.7320, 0.7355

Support level: 0.7275, 0.7230