GCMAsia - AUDUSD
AUDUSD
2018-03-13
| Resistance and Support | Level | Explanation |
| Resistance | 0.7890 | H1 |
| Support | 0.7850 | H1 |
AUDUSD, H1: AUDUSD remains traded within an ascending channel while currently testing at the top level. MACD histogram which illustrate diminishing downward momentum suggests further bullish bias. Thus, a successful breakout from the channel and closure above the target of 0.7890 would provide further clarification.
Resistance level: 0.7890, 0.7945
Support level: 0.7850, 0.7815