GCMAsia - AUDUSD

AUDUSD
2018-10-19
| Resistance and Support | Level | Explanation |
| Resistance | 0.7130 | H1 |
| Support | 0.7090 | H1 |

AUDUSD, H1: AUDUSD was traded higher following prior rebound from the support level of 0.7090. MACD which illustrate diminishing downward momentum suggests the pair to be traded higher in short-term as technical correction.
Resistance level: 0.7130, 0.7150
Support level: 0.7090, 0.7045