GCMAsia - 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