GCMAsia - AUDUSD
AUDUSD
2018-10-12
| Resistance and Support | Level | Explanation |
| Resistance | 0.7125 | H1 |
| Support | 0.7100 | H1 |
AUDUSD, H1: AUDUSD was traded lower following prior retracement from the resistance level 0.7125. MACD which display bearish momentum and the formation of a death cross suggest the pair to extend its retracement towards the support level 0.7100.
Resistance level: 0.7125, 0.7140
Support level: 0.7100, 0.7085