GCMAsia - AUDUSD
AUDUSD
2017-09-22
| Resistance and Support | Level | Explanation |
| Resistance | 0.7930 | H4 |
| Support | 0.7875 | H4 |
AUDUSD, H4: AUDUSD has recently broke out from the bottom level of downward channel, signalling a change in trend direction to move further downwards. Both MA lines which begins to expand downwards suggests the pair to advance towards the next target at 0.7875.
Resistance level: 0.7930, 0.7965
Support level: 0.7875, 0.7805