GCMAsia - AUDUSD
AUDUSD
2017-07-11
| Resistance and Support | Level | Explanation |
| Resistance | 0.7620 | H4 |
| Support | 0.7580 | H4 |
AUDUSD, H4: AUDUSD remains traded within a narrowing triangle while currently testing at the top level. A successful breakout from this level would signal a change in trend direction to extend its uptrend. Otherwise, a retracement would suggest AUDUSD to be traded lower in short-term within the narrowing triangle.
Resistance level: 0.7620, 0.7650
Support level: 0.7580, 0.7535