GCMAsia - 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