GCMAsia - AUDUSD

AUDUSD
2018-04-12
| Resistance and Support | Level | Explanation |
| Resistance | 0.7775 | H4 |
| Support | 0.7745 | H4 |

AUDUSD, H4: AUDUSD was traded higher following prior rebound from the support level at 0.7745. Both MA lines which continues to expand upwards suggests further bullish bias. However, a close above the strong resistance at 0.7775 is required to attain further confirmation.
Resistance level: 0.7775, 0.7805
Support level: 0.7745, 0.7725