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GCMAsia - AUDUSD
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