GCMAsia - AUDUSD
AUDUSD
2018-12-14
| Resistance and Support | Level | Explanation |
| Resistance | 0.7220 | H4 |
| Support | 0.7175 | H4 |
AUDUSD, H4: AUDUSD was traded lower following prior breakout below the previous support level at 0.7220. MACD which illustrate bearish momentum and the formation of death cross suggest the pair to extend its losses toward the support level at 0.7175.
Resistance level: 0.7220, 0.7265
Support level: 0.7175, 0.7140