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GCMAsia - AUDUSD
AUDUSD
AUDUSD
2017-07-17
Resistance and Support Level Explanation
Resistance 0.7830 Daily
Support 0.7765 Daily

AUDUSD, Daily: AUDUSD extended gains following prior closure above two consecutive resistance level. Both MA lines which continues to expand upwards suggest AUDUSD to advance further upwards after closing above the resistance level of 0.7830.

 

Resistance level: 0.7830, 0.7900

Support level: 0.7765, 0.7700