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101218 AUDUSD

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

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-12-10
Resistance and Support Level Explanation
Resistance 0.7215 H4
Support 0.7170 H4

AUDUSD, H4: AUDUSD was traded higher following prior rebound from the lower level. MACD which illustrate diminishing downward momentum suggests the pair to be traded higher in short-term as technical correction.

 

Resistance level: 0.7215, 0.7265

Support level: 0.7170, 0.7105