GCMAsia - AUDUSD

AUDUSD
2017-09-12
| Resistance and Support | Level | Explanation |
| Resistance | 0.8125 | Daily |
| Support | 0.7895 | Daily |

AUDUSD, Daily: AUDUSD was traded lower following prior retracement from the resistance level of 0.8125. MACD histogram which shows diminishing upward momentum suggests AUDUSD to extend its losses, towards the direction of support level at 0.7895.
Resistance level: 0.8125, 0.8215
Support level: 0.7895, 0.7755