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171018 AUDUSD

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

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-10-17
Resistance and Support Level Explanation
Resistance 0.7150 H1
Support 0.7130 H1

AUDUSD, H1: AUDUSD remains traded within an ascending wedge while currently testing at the bottom level. MACD which illustrate imminent formation of death cross signal suggests the pair to extend its losses after breaking the bottom level.

 

Resistance level: 0.7150, 0.7200

Support level: 0.7130, 0.7090