GCMAsia - AUDUSD
AUDUSD
2017-06-22
| Resistance and Support | Level | Explanation |
| Resistance | 0.7515 | H4 |
| Support | 0.7535 | H4 |
AUDUSD, H4: AUDUSD were traded within a narrowing triangle while currently testing at the bottom level. As the Stochastic Oscillator continues to illustrate rebound signal from oversold region, a closure above the resistance level of 0.7515 would suggest AUDUSD to advance further up, towards the upper level of the triangle.
Resistance level: 0.7515, 0.7635
Support level: 0.7535, 0.7500