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GCMAsia - AUDUSD
AUDUSD
AUDUSD
2017-06-13
Resistance and Support Level Explanation
Resistance 0.7565 H4
Support 0.7520 H4

AUDUSD, H4: AUDUSD was traded higher following prior rebound from the support level of 0.7520. As both MA lines continue to expand upwards after the formation of golden cross, AUDUSD is suggested to extend its gains after breaking the resistance level of 0.7565.

 

Resistance level: 0.7565, 0.7600

Support level: 0.7520, 0.7460