GCMAsia - AUDUSD

AUDUSD
2018-12-14
Resistance and Support | Level | Explanation |
Resistance | 0.7220 | H1 |
Support | 0.7170 | H1 |
AUDUSD, H1: AUDUSD was traded lower following prior breakout from the bottom level of upward channel. MACD which illustrate bearish signal and momentum suggests the pair to extend its losses, towards the direction of 0.7170.
Resistance level: 0.7220, 0.7265
Support level: 0.7170, 0.7105