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GCMAsia - AUDUSD
AUDUSD
AUDUSD
2017-06-21
Resistance and Support Level Explanation
Resistance 0.7565 H1
Support 0.7545 H1

AUDUSD, H1: AUDUSD has recently breakout from the bottom level of narrowing triangle, signifying a change in trend direction to move further downwards. As both MA lines continues to expand downwards, AUDUSD is expected to move further down towards the support level of 0.7545.

 

Resistance level: 0.7565, 0.7580

Support level: 0.7545, 0.7520

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