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250119 AUDUSD-Noon

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 higher following prior rebound near the support level 0.7070. MACD which display bullish bias signal with the formation of golden cross suggest the pair to extend its rebound towards the resistance level 0.7115.

 

Resistance level: 0.7115, 0.7230

Support level: 0.7070, 0.7005