GCMAsia - 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