GCMAsia - AUDUSD

AUDUSD
2017-03-24
| Resistance and Support | Level | Explanation |
| Resistance | 0.7650 | H4 |
| Support | 0.7620 | H4 |

AUDUSD, H4: AUDUSD was traded lower following a closure below the 60-moving average line (green) while currently testing near the support level of 0.7620. Referring to the MACD histogram which continues to illustrate downward signal and momentum, a closure below the level of 0.7620 would suggest AUDUSD to move further downwards.
Resistance level: 0.7650, 0.7685
Support level: 0.7620, 0.7590