GCMAsia - AUDUSD
AUDUSD
2017-09-25
| Resistance and Support | Level | Explanation |
| Resistance | 0.7965 | H4 |
| Support | 0.7930 | H4 |
AUDUSD, H4: AUDUSD was traded higher prior breaking above resistance level at 0.7930 and resistance by 200-MA line. The pair is currently testing the resistance level at 0.7965. Golden-cross formed by MACD signal line suggests AUDUSD to continue its momentum to trade higher if the breakout of the said resistance level is successful.
Resistance level: 0.7965, 0.8000
Support level: 0.7930, 0.7875