GCMAsia - AUDUSD

AUDUSD
2018-09-24
Resistance and Support | Level | Explanation |
Resistance | 0.7270 | H4 |
Support | 0.7215 | H4 |
AUDUSD, H4: AUDUSD was traded lower following prior breakout below the previous support level 0.7270. MACD which display a bearish momentum and the formation of a death cross suggest the pair to extend its losses towards the support level 0.7215.
Resistance level: 0.7270, 0.7315
Support level: 0.7215, 0.7185