GCMAsia - AUDUSD
AUDUSD
2017-08-11
| Resistance and Support | Level | Explanation |
| Resistance | 0.7890 | H4 |
| Support | 0.7845 | H4 |
AUDUSD, H4: AUDUSD remains traded within the downward channel following prior retracement from the upper level. Such price movement suggests short-term downside bias and suggests AUDUSD to extend its losses towards the bottom level after breaking the target at 0.7845.
Resistance level: 0.7890, 0.7950
Support level: 0.7845, 0.7800