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170517 AUDUSD

by | May 17, 2017 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2017-05-17
Resistance and Support Level Explanation
Resistance 0.7450 Daily
Support 0.7385 Daily

AUDUSD, Daily: AUDUSD remained traded within a downward channel following prior rebound from the bottom level of the channel. A closure above the resistance level of 0.7450 would suggest AUDUSD to test near the top level of the channel.

 

Resistance level: 0.7450, 0.7520

Support level: 0.7385, 0.7285