GCMAsia - AUDUSD
AUDUSD
2017-04-18
| Resistance and Support | Level | Explanation |
| Resistance | 0.7572 | H1 |
| Support | 0.7553 | H1 |
AUDUSD, H1: AUDUSD was traded lower following prior retracement from the 20-moving average line (red) while simultaneously closing below both MA lines. With regards to MACD histogram which continues to illustrate downward signal and momentum, AUDUSD is suggested to extend its downward momentum after a successful closure below the strong support level of 0.7553.
Resistance level: 0.7572, 0.7595
Support level: 0.7553, 0.7530