GCMAsia - AUDUSD

AUDUSD
2019-01-23
| Resistance and Support | Level | Explanation |
| Resistance | 0.7170 | H4 |
| Support | 0.7100 | H4 |

AUDUSD, H4: AUDUSD was traded higher following prior rebound near the support level 0.7100. MACD which display diminishing bearish momentum suggest the pair to extend its rebound towards the resistance level 0.7170.
Resistance level: 0.7170, 0.7220
Support level: 0.7100, 0.7030