GCMAsia - AUDUSD

AUDUSD
2019-02-11
| Resistance and Support | Level | Explanation |
| Resistance | 0.7170 | H4 |
| Support | 0.7070 | H4 |

AUDUSD, H4: AUDUSD was traded higher following prior rebound from the support of 0.7070. MACD which has begun to form a golden cross signal suggests the pair to extend its gains after closing above the 20-MA line (red).
Resistance level: 0.7170, 0.7275
Support level: 0.7070, 0.7015