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250718 AUDUSD

by | Jul 25, 2018 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-07-25
Resistance and Support Level Explanation
Resistance 0.7430 H1
Support 0.7390 H1

AUDUSD, H1: AUDUSD remain traded in a consolidation phase following prior recent retracement from a strong resistance level 0.7430. MACD which display a diminished bullish momentum suggest the pair may be traded lower towards support level 0.7390.

 

Resistance level: 0.7430, 0.7480

Support level: 0.7390, 0.7350