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GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-05-17
Resistance and Support Level Explanation
Resistance 0.7555 H4
Support 0.7505 H4

AUDUSD, H4: AUDUSD remains traded within an ascending channel following prior rebound from the bottom level. The formation of golden cross at MACD histogram suggests the pair to extend its gains in short-term, towards the upper level of the channel.

 

Resistance level: 0.7555, 0.7630

Support level: 0.7505, 0.7475