GCMAsia - AUDUSD
AUDUSD
2017-09-19
| Resistance and Support | Level | Explanation |
| Resistance | 0.8000 | H4 |
| Support | 0.7965 | H4 |
AUDUSD, H4: AUDUSD remains traded within a downward channel while recently rebounded from the bottom level. Diminishing downward momentum from the MACD histogram suggests AUDUSD to be traded higher in short-term, towards the next target at 0.8000.
Resistance level: 0.8000, 0.8050
Support level: 0.7965, 0.7930