GCMAsia - AUDUSD

AUDUSD
2018-11-23
| Resistance and Support | Level | Explanation |
| Resistance | 0.7265 | H4 |
| Support | 0.7170 | H4 |

AUDUSD, H4: AUDUSD remains traded within an ascending channel following prior rebound from the bottom level. MACD which illustrate diminishing downward momentum suggests the pair to be traded higher towards 0.7265.
Resistance level: 0.7265, 0.7340
Support level: 0.7170, 0.7105