GCMAsia - AUDUSD

AUDUSD
2017-08-16
| Resistance and Support | Level | Explanation |
| Resistance | 0.7890 | H4 |
| Support | 0.7780 | H4 |

AUDUSD, H4: AUDUSD was traded lower after breaking support level at 0.7890. Currently AUDUSD was testing 200-MA. Upward slope of MACD histogram suggests AUDUSD to gain its momentum to move higher, testing resistance level at 0.7890.
Resistance level: 0.7890, 0.8065
Support level: 0.7780, 0.7695