GCMAsia - AUDUSD
AUDUSD
2018-12-18
| Resistance and Support | Level | Explanation |
| Resistance | 0.7220 | H4 |
| Support | 0.7170 | H4 |
AUDUSD, H4: AUDUSD was traded higher following prior breakout above previous resistance level 0.7185. MACD which illustrate bullish momentum and the formation of golden cross suggest the pair to extend its gains towards the resistance level 0.7220.
Resistance level: 0.7220, 0.7265
Support level: 0.7170, 0.7105