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250119 AUDUSD

by | Jan 25, 2019 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2019-01-25
Resistance and Support Level Explanation
Resistance 0.7115 H4
Support 0.7070 H4

AUDUSD, H4: AUDUSD was traded lower following prior closure below 0.7115. MACD which continues to illustrate persistent bearish signal suggests the pair to extend its losses after breaking the support at 0.7070.

 

Resistance level: 0.7115, 0.7145

Support level: 0.7070, 0.6990