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GCMAsia - AUDUSD
AUDUSD
AUDUSD
2017-06-19
Resistance and Support Level Explanation
Resistance 0.7635 Daily
Support 0.7565 Daily

AUDUSD, Daily: AUDUSD extended its gains following prior rebound from the support level of 0.7565. As both MA lines continue to expand upwards, AUDUSD is expected to move further upwards after breaking the strong resistance level of 0.7635.

 

Resistance level: 0.7635, 0.7700

Support level: 0.7565, 0.7500