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180718 AUDUSD

by | Jul 18, 2018 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-07-18
Resistance and Support Level Explanation
Resistance 0.7420 H4
Support 0.7360 H4

AUDUSD, H4: AUDUSD was traded lower after successfully break below the ascend channel. Recent price action and MACD which display signals of bearish momentum suggest the pair could extend its losses toward the support level 0.7360.

 

Resistance level: 0.7420, 0.7440

Support level: 0.7360, 0.7330