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170718 AUDUSD

by | Jul 17, 2018 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-07-17
Resistance and Support Level Explanation
Resistance 0.7420 H1
Support 0.7370 H1

AUDUSD, H1: AUDUSD remain traded in an ascending channel while currently testing the bottom level of the channel. Although MACD indicates bearish momentum, a break below the bottom channel line is required for further confirmation.

 

Resistance level: 0.7420, 0.7440

Support level: 0.7370, 0.7330