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250517 AUDUSD

by | May 25, 2017 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2017-05-25
Resistance and Support Level Explanation
Resistance 0.7525 H4
Support 0.7500 H4

AUDUSD, H4: AUDUSD continues to be traded within an upward channel while recently closed above the strong resistance level of 0.7500. Recent closure suggests AUDUSD to advance further up towards the upper level of the channel near the resistance level of 0.7525.

 

Resistance level: 0.7525, 0.7550

Support level: 0.7500, 0.7465