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GCMAsia - AUDUSD
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