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GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-12-21
Resistance and Support Level Explanation
Resistance 0.7140 H4
Support 0.7105 H4

AUDUSD, H4: AUDUSD was traded flat within the range of 0.7140 and 0.7105. MACD which illustrate diminishing downward momentum suggests the pair to be traded higher in short-term, before extending its losses based on the current downward trendline.

Resistance level: 0.7140, 0.7170

Support level: 0.7105, 0.7060