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GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-04-16
Resistance and Support Level Explanation
Resistance 0.7810 H1
Support 0.7770 H1

AUDUSD, H1: AUDUSD was traded higher prior breaking resistance level at 0.7770. Diminishing bearish momentum as displayed by MACD histogram would suggest the pair to extend higher if candlestick successfully gains support above its previous high.

Resistance level: 0.7810, 0.7830

Support level: 0.7770, 0.7740