GCMAsia - AUDUSD

AUDUSD
2017-09-13
| Resistance and Support | Level | Explanation |
| Resistance | 0.8125 | Daily |
| Support | 0.7895 | Daily |

AUDUSD, Daily: AUDUSD extended its losses following prior retracement from previous high of 0.8125. MACD histogram which continues to show diminishing upward momentum suggests the pair to advance further down, towards the direction of support level at 0.7895.
Resistance level: 0.8125, 0.8215
Support level: 0.7895, 0.7755