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180119 AUDUSD-Noon

by | Jan 18, 2019 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2019-01-18
Resistance and Support Level Explanation
Resistance 0.7230 H4
Support 0.7155 H4

AUDUSD, H4: AUDUSD was traded higher following prior rebound from the support level 0.7155. MACD which illustrate bullish momentum signal with the starting formation of golden cross suggest the pair to extend its rebound towards the resistance level 0.7230

 

Resistance level: 0.7230, 0.7270

Support level: 0.7155, 0.7115