GCMAsia - AUDUSD
AUDUSD
2017-05-24
| Resistance and Support | Level | Explanation |
| Resistance | 0.7470 | H4 |
| Support | 0.7435 | H4 |
AUDUSD, H4: AUDUSD remained traded within an upward channel while currently testing at the bottom level of the channel. A breakout from this level would signal a change in trend direction to move further downwards. Otherwise, a rebound from this level would suggest AUDUSD to be traded higher in short-term within the upward channel.
Resistance level: 0.7470, 0.7500
Support level: 0.7435, 0.7395