GCMAsia - AUDUSD
AUDUSD
2017-04-20
| Resistance and Support | Level | Explanation |
| Resistance | 0.7510 | H1 |
| Support | 0.7490 | H1 |
AUDUSD, H1: AUDUSD was traded higher following prior rebound from the support level of 0.7490. With regards to the MACD indicator which continues to drift outside of downward momentum, AUDUSD may be traded higher in the short-term as technical correction. Likewise, long-term trend direction still suggests AUDUSD to advance further downwards.
Resistance level: 0.7510, 0.7530
Support level: 0.7490, 0.7470