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150518 AUDUSD

by | May 15, 2018 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-05-15
Resistance and Support Level Explanation
Resistance 0.7550 H4
Support 0.7475 H4

AUDUSD, H4: AUDUSD was traded lower following prior retracement from the strong resistance level of 0.7550. MACD histogram which illustrate downward signal may suggests the pair to extend its losses after closing below the 60-MA line (green).

 

Resistance level: 0.7550, 0.7630

Support level: 0.7475, 0.7440