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110119 AUDUSD

by | Jan 11, 2019 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2019-01-11
Resistance and Support Level Explanation
Resistance 0.7220 H1
Support 0.7180 H1

AUDUSD, H1: AUDUSD was traded higher following prior rebound from the support level 0.7180. MACD which display starting bullish signal and the formation of golden cross suggest the pair to extend its rebound towards the resistance level 0.7220.

Resistance level: 0.7220, 0.7260

Support level: 0.7180, 0.7140