GCMAsia - AUDUSD
AUDUSD
2018-07-12
| Resistance and Support | Level | Explanation |
| Resistance | 0.7410 | H1 |
| Support | 0.7360 | H1 |
AUDUSD, H1: AUDUSD was traded higher following prior rebound from the support level 0.7360. Both MACD and RSI showing diminished bearish signal and signs of bullish bias with golden cross and RSI rebound on oversold zone suggest the pair could continue its short term technical correction towards 0.7410.
Resistance level: 0.7410, 0.7470
Support level: 0.7360, 0.7320