GCMAsia - AUDUSD
AUDUSD
2017-10-12
| Resistance and Support | Level | Explanation |
| Resistance | 0.7845 | H1 |
| Support | 0.7800 | H1 |
AUDUSD, H1: AUDUSD has recently closed above the downward trend line, signalling a change in trend direction to move further upwards. MACD histogram which has formed a golden cross suggest the pair to extend its bullish momentum towards the target of 0.7845.
Resistance level: 0.7845, 0.7895
Support level: 0.7800, 0.7755