GCMAsia - AUDUSD
AUDUSD
2018-11-16
| Resistance and Support | Level | Explanation |
| Resistance | 0.7300 | H1 |
| Support | 0.7275 | H1 |
AUDUSD, H1: AUDUSD was traded higher following prior rebound from the 20-MA line (red). MACD which illustrate diminishing downward momentum suggests the pair to extend its gains, towards the resistance level at 0.7300.
Resistance level: 0.7300, 0.7315
Support level: 0.7275, 0.7250