GCMAsia - AUDUSD

AUDUSD
2017-08-14
| Resistance and Support | Level | Explanation |
| Resistance | 0.8000 | Daily |
| Support | 0.7900 | Daily |

AUDUSD, Daily: AUDUSD was traded higher following recent rebound while simultaneously closing above the threshold of 0.7900. Diminishing downward momentum from MACD histogram suggests AUDUSD to extend its upward momentum after a successful closure above the 20-MA line (red).
Resistance level: 0.8000, 0.8080
Support level: 0.7900, 0.7785