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GCMAsia - AUDUSD
AUDUSD
AUDUSD
2017-09-21
Resistance and Support Level Explanation
Resistance 0.8050 H4
Support 0.8000 H4

AUDUSD, H4: AUDUSD remains traded within a downward channel following prior retracement from the top level. A successful closure below the support level of 0.8000 would suggest the pair to extend its losses towards the next target at 0.7965.

 

Resistance level: 0.8050, 0.8125

Support level: 0.8000, 0.7965