GCMAsia - AUDUSD

AUDUSD
2019-01-15
| Resistance and Support | Level | Explanation |
| Resistance | 0.7220 | H4 |
| Support | 0.7170 | H4 |

AUDUSD, H4: AUDUSD was traded higher while currently testing near the resistance level of 0.7220. MACD which display diminishing bearish momentum suggest the pair to extend its gains after successfully breaking above the resistance level.
Resistance level: 0.7220, 0.7290
Support level: 0.7170, 0.7100