GCMAsia - AUDUSD

AUDUSD
2018-10-18
| Resistance and Support | Level | Explanation |
| Resistance | 0.7130 | H1 |
| Support | 0.7115 | H1 |

AUDUSD, H1: AUDUSD was traded higher while currently testing near the resistance level at 0.7130. MACD which illustrate bullish momentum and formation of golden cross suggest the pair to be traded higher in short term after breaking the resistance level at 0.7130.
Resistance level: 0.7130, 0.7150
Support level: 0.7115, 0.7105