GCMAsia - AUDUSD
AUDUSD
2017-08-15
| Resistance and Support | Level | Explanation |
| Resistance | 0.7875 | H4 |
| Support | 0.7815 | H4 |
AUDUSD, H4: AUDUSD was traded below the descending triangle after breaking support level at 0.7875. If the pair breaks below the 200-MA line, it suggests AUD/USD to continue its momentum to move further, testing the next support level at 0.7815.
Resistance level: 0.7875, 0.7945
Support level: 0.7815, 0.7760