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GCMAsia - AUDUSD
AUDUSD
AUDUSD
2017-08-18
Resistance and Support Level Explanation
Resistance 0.7902 H1
Support 0.7885 H1

AUDUSD, H1: AUDUSD was traded higher after its failure to break support level at 0.7885. Cross-over of MACD signal line and pin bar formation suggests AUDUSD to gain its momentum to move higher, testing resistance level at 0.7902 and 0.7925.

Resistance level: 0.7902, 0.7925

Support level: 0.7885, 0.7865