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210918 AUDUSD

by | Sep 21, 2018 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-09-21
Resistance and Support Level Explanation
Resistance 0.7315 H4
Support 0.7270 H4

AUDUSD, H4: AUDUSD was recently traded higher following prior breakout above the previous resistance level 0.7270. Recent price action and MACD which illustrate persistent bullish bias suggest the pair to extend its gains towards the resistance level 0.7315.

 

Resistance level: 0.7315, 0.7360

Support level: 0.7270, 0.7215