GCMAsia - AUDUSD

AUDUSD
2017-07-25
| Resistance and Support | Level | Explanation |
| Resistance | 0.7960 | H4 |
| Support | 0.7915 | H4 |

AUDUSD, H4: AUDUSD remains traded within a range following prior rebound from the support level of 0.7915. It is suggested to be traded higher in short-term, towards the target of resistance level at 0.7960. Long-term trend direction could only be determined after a successful breakout from either side of the range.
Resistance level: 0.7960, 0.8000
Support level: 0.7915, 0.7875, 0.7830