GCMAsia - AUDUSD
AUDUSD
2018-10-10
| Resistance and Support | Level | Explanation |
| Resistance | 0.7125 | H1 |
| Support | 0.7080 | H1 |
AUDUSD, H1: AUDUSD was traded lower following prior retracement from the resistance level 0.7125. MACD which illustrate starting bearish momentum suggest the pair to extend its retracement towards the support level 0.7080.
Resistance level: 0.7125, 0.7160
Support level: 0.7080, 0.7040