GCMAsia - AUDUSD
AUDUSD
2017-05-22
| Resistance and Support | Level | Explanation |
| Resistance | 0.7455 | Daily |
| Support | 0.7385 | Daily |
AUDUSD, Daily: AUDUSD remains traded within a downward channel while currently testing near the top level of the channel. A breakout from this level would signal a change in trend direction to move further upwards. Otherwise, a retracement would suggest AUDUSD to continue to be traded within the downward channel thereafter.
Resistance level: 0.7455, 0.7520
Support level: 0.7385, 0.7285