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GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-06-19
Resistance and Support Level Explanation
Resistance 0.7425 H1
Support 0.7370 H1

AUDUSD, H1: AUDUSD extended its losses following prior breakout from the support level of 0.7425. Both MA lines which continues to expand downward suggests the pair to advance further down, towards the next target at 0.7370.

 

Resistance level: 0.7425, 0.7475

Support level: 0.7370, 0.7325