GCMAsia - AUDUSD

AUDUSD
2018-10-11
| Resistance and Support | Level | Explanation |
| Resistance | 0.7090 | H4 |
| Support | 0.7045 | H4 |

AUDUSD, H4: AUDUSD was traded lower following prior retrace from the resistance level at 0.7130. MACD which begins to form a death cross signal suggests the pair to extend its losses after breaking the support level of 0.7045.
Resistance level: 0.7090, 0.7130
Support level: 0.7045, 0.7000