GCMAsia - AUDUSD

AUDUSD
2018-04-13
| Resistance and Support | Level | Explanation |
| Resistance | 0.7775 | H1 |
| Support | 0.7745 | H1 |

AUDUSD, H1: AUDUSD remains traded within a sideways channel following prior rebound from the bottom level. MACD histogram which illustrate upward signal may suggest the pair to extend its gains in short-term towards the top level. Otherwise, long-term trend direction can only be determined after a successful breakout from either side of the channel.
Resistance level: 0.7775, 0.7805
Support level: 0.7745, 0.7725