GCMAsia - AUDUSD
AUDUSD
2017-07-24
| Resistance and Support | Level | Explanation |
| Resistance | 0.7985 | Daily |
| Support | 0.7900 | Daily |
AUDUSD, Daily: AUDUSD was traded higher following prior rebound near the strong support level of 0.7900. Such price action while coupled with both MA lines which continues to expand upwards suggests AUDUSD to extend further up and retest at 0.7985.
Resistance level: 0.7985, 0.8080
Support level: 0.7900, 0.7830