GCMAsia - AUDUSD
AUDUSD
2017-08-25
| Resistance and Support | Level | Explanation |
| Resistance | 0.7890 | H1 |
| Support | 0.7870 | H1 |
AUDUSD, H1: AUDUSD was traded lower after it breaks 200-MA line and support level at 0.7890. Formation of bearish engulfing candle closed below the said support level indicates AUDUSD to extend its losses toward the next support level at 0.7870.
Resistance level: 0.7890, 0.7910
Support level: 0.7870, 0.7845