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110517 AUDUSD

by | May 11, 2017 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2017-05-11
Resistance and Support Level Explanation
Resistance 0.7370 H1
Support 0.7335 H1

AUDUSD, H1: AUDUSD remains traded within a sideways channel while recently has rebounded from the bottom level of the channel. It is expected to advance further up, towards the upper level of the channel after successfully breaking the resistance level of 0.7370.

 

Resistance level: 0.7370, 0.7393, 0.7425

Support level: 0.7335, 0.7300