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GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-03-12
Resistance and Support Level Explanation
Resistance 0.7880 H4
Support 0.7810 H4

AUDUSD, H4: AUDUSD was traded higher prior breaking resistance level at 0.7810. MACD histogram that portrays increasing bullish momentum and arrangement of bullish candlesticks would suggest the pair to extend higher towards the next resistance level at 0.7880.

Resistance level: 0.7880, 0.7930

Support level: 0.7810, 0.7730