GCMAsia - AUDUSD
AUDUSD
2018-10-11
| Resistance and Support | Level | Explanation |
| Resistance | 0.7085 | H4 |
| Support | 0.7040 | H4 |
AUDUSD, H4: AUDUSD was traded lower following prior retracement from the resistance level 0.7085. MACD which display bearish momentum and the starting formation of a death cross suggest the pair to extend its retracement towards the support level 0.7040.
Resistance level: 0.7085, 0.7125
Support level: 0.7040, 0.7010