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GCMAsia - AUDUSD
AUDUSD
AUDUSD
2017-10-18
Resistance and Support Level Explanation
Resistance 0.7870 H4
Support 0.7820 H4

AUDUSD, H4: AUDUSD was traded higher prior its rebound from support level at 0.7820. Formation of pin bar above the said support level suggests bullish momentum still in place for the pair to extend its gains toward the resistance level at 0.7870.

 

Resistance level: 0.7870, 0.7915

Support level: 0.7820, 0.7780