GCMAsia - AUDUSD
AUDUSD
2018-03-15
| Resistance and Support | Level | Explanation |
| Resistance | 0.7890 | H4 |
| Support | 0.7850 | H4 |
AUDUSD, H4: AUDUSD remains traded within an ascending channel following prior retracement from the top level. However, recent formation of downward signal from MACD histogram may suggest the pair to be traded lower in short-term as technical correction. Thus, a close below the 20-MA line (red) would provide further clarification.
Resistance level: 0.7890, 0.7930
Support level: 0.7850, 0.7815