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130618 AUDUSD

by | Jun 13, 2018 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-06-13
Resistance and Support Level Explanation
Resistance 0.7580 H4
Support 0.7530 H4

AUDUSD, H4: AUDUSD extended its losses after breaking the bottom level of ascending channel. MACD histogram which illustrate the formation of bearish signal suggests the pair to advance further down, towards the direction of next target near 0.7530.

 

Resistance level: 0.7580, 0.7620

Support level: 0.7530, 0.7480