GCMAsia - AUDUSD
AUDUSD
2017-04-19
| Resistance and Support | Level | Explanation |
| Resistance | 0.7525 | H1 |
| Support | 0.7500 | H1 |
AUDUSD, H1: AUDUSD were traded lower following prior closure below the 61.8 fibonacci level at the support level of 0.7525. Referring to MACD histogram which illustrates downward signal and momentum, AUDUSD is suggested to advance further down, towards the target of support level at 0.7500.
Resistance level: 0.7525, 0.7540
Support level: 0.7500, 0.7470