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GCMAsia - AUDUSD
AUDUSD
AUDUSD
2017-06-15
Resistance and Support Level Explanation
Resistance 0.7655 Daily
Support 0.7590 Daily

AUDUSD, Daily: AUDUSD extended its rally following prior upward expansion of both MA line after the formation of golden cross. Recent closure above the key resistance level of 0.7590 suggests further upward bias for AUDUSD towards the next target at 0.7655.

 

Resistance level: 0.7655, 0.7750

Support level: 0.7590, 0.7540