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230517 AUDUSD

by | May 23, 2017 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2017-05-23
Resistance and Support Level Explanation
Resistance 0.7520 Daily
Support 0.7450 Daily

AUDUSD, Daily: AUDUSD has recently broke out from the top level of downward channel, signalling a change in trend direction to move further upwards. A closure above the resistance level of 0.7520 would suggest AUDUSD to extend its upward momentum.

 

Resistance level: 0.7520, 0.7610

Support level: 0.7450, 0.7385