GCMAsia - AUDUSD

AUDUSD
2018-10-22
| Resistance and Support | Level | Explanation |
| Resistance | 0.7115 | H1 |
| Support | 0.7105 | H1 |

AUDUSD, H1: AUDUSD was traded higher following prior rebound from the support level at 0.7105. MACD which illustrate diminishing of bearish momentum suggest the pair to be traded higher in short term toward the resistance level at 0.7115.
Resistance level: 0.7115, 0.7130
Support level: 0.7105, 0.7090