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230318 AUDUSD

by | Mar 23, 2018 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-03-23
Resistance and Support Level Explanation
Resistance 0.7740 H1
Support 0.7690 H1

AUDUSD, H1: AUDUSD was traded higher following prior rebound from the strong support level at 0.7690. MACD histogram which illustrate diminishing downward signal and momentum suggests the pair to extend its gains after closing above the 20-MA line (red).

 

Resistance level: 0.7740, 0.7780

Support level: 0.7690, 0.7635