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200617 AUDUSD

by | Jun 20, 2017 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2017-06-20
Resistance and Support Level Explanation
Resistance 0.7630 H4
Support 0.7580 H4

AUDUSD, H4: AUDUSD were traded higher following prior rebound from the strong support level near 0.7580. A closure above the 20-moving average line (red) suggests further upward bias to advance towards the target of resistance level at 0.7630.

 

Resistance level: 0.7630, 0.7675

Support level: 0.7580, 0.7520