GCMAsia - AUDUSD

AUDUSD
2018-06-18
| Resistance and Support | Level | Explanation |
| Resistance | 0.7475 | H4 |
| Support | 0.7425 | H4 |

AUDUSD, H4: AUDUSD was traded lower following prior retracement from the resistance level of 0.7475. Both MA line which continues to expand downwards suggests the pair to advance further down after breaking the support level at 0.7425.
Resistance level: 0.7475, 0.7540
Support level: 0.7425, 0.7370