GCMAsia - AUDUSD
AUDUSD
2018-06-25
| Resistance and Support | Level | Explanation |
| Resistance | 0.7475 | H4 |
| Support | 0.7475 | H4 |
AUDUSD, H4: AUDUSD was traded lower following prior retracement while currently testing at the support level of 0.7425. MACD histogram which illustrate diminishing upward momentum may suggest the pair to extend its losses after closing below the target of 0.7425.
Resistance level: 0.7475, 0.7540
Support level: 0.7425, 0.7365