GCMAsia - AUDUSD
AUDUSD
2018-10-16
| Resistance and Support | Level | Explanation |
| Resistance | 0.7140 | H4 |
| Support | 0.7105 | H4 |
AUDUSD, H4: AUDUSD was traded lower following prior retracement from the resistance level at 0.7140. MACD which illustrate diminishing of bullish momentum and formation of death cross suggest the pair to be traded lower in short term toward the support level at 0.7105.
Resistance level: 0.7140, 0.7190
Support level: 0.7105, 0.7060