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170119 AUDUSD

by | Jan 17, 2019 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2019-01-17
Resistance and Support Level Explanation
Resistance 0.7180 H1
Support 0.7145 H1

AUDUSD, H1: AUDUSD was traded higher following prior rebound from the lower level of descending channel. MACD which illustrates diminished downward momentum suggests the pair to be traded higher in short-term as technical correction.

Resistance level: 0.7180, 0.7220

Support level: 0.7145, 0.7110