GCMAsia - AUDUSD

AUDUSD
2018-11-22
| Resistance and Support | Level | Explanation |
| Resistance | 0.7265 | H1 |
| Support | 0.7230 | H1 |

AUDUSD, H1: AUDUSD was traded lower following prior retracement from the resistance level 0.7265. MACD which illustrate bearish momentum and the formation of death cross suggest the pair to extend its retracement towards the support level 0.7230.
Resistance level: 0.7265, 0.7290
Support level: 0.7230, 0.7200