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180119 AUDUSD

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

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2019-01-18
Resistance and Support Level Explanation
Resistance 0.7220 H1
Support 0.7180 H1

AUDUSD, H1: AUDUSD was traded lower following prior retracement from the top level of descending channel. MACD which illustrate diminished upward momentum suggests the pair to extend its losses, towards 0.7180.

Resistance level: 0.7220, 0.7255

Support level: 0.7180, 0.7145