GCMAsia - 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