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240518 AUDUSD

by | May 24, 2018 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-05-24
Resistance and Support Level Explanation
Resistance 0.7570 H4
Support 0.7515 H4

AUDUSD, H4: AUDUSD remains traded within an ascending wedge following prior rebound from the bottom level. MACD histogram which illustrate diminishing downward momentum may suggest the pair to extend its gains after closing above the resistance level at 0.7570.

 

Resistance level: 0.7570, 0.7610

Support level: 0.7515, 0.7480