GCMAsia - AUDUSD

AUDUSD
2017-09-20
| Resistance and Support | Level | Explanation |
| Resistance | 0.8050 | H4 |
| Support | 0.8000 | H4 |

AUDUSD, H4: AUDUSD remains traded within a downward channel while currently testing at the top level. MACD histogram which illustrate substantial upward signal suggests possibility to occur a breakout and signal a change in trend direction to extend its upward momentum thereafter.
Resistance level: 0.8050, 0.8125
Support level: 0.8000, 0.7965