GCMAsia - AUDUSD

AUDUSD
2019-01-22
| Resistance and Support | Level | Explanation |
| Resistance | 0.7145 | H1 |
| Support | 0.7110 | H1 |

AUDUSD, H1: AUDUSD was traded lower following prior closure below the support of 0.7145. MACD which illustrate the formation of bearish signal suggests the pair to extend its losses, towards the direction of 0.7110.
Resistance level: 0.7145, 0.7180
Support level: 0.7110, 0.7070