GCMAsia - AUDUSD

AUDUSD
2018-10-25
| Resistance and Support | Level | Explanation |
| Resistance | 0.7080 | H4 |
| Support | 0.7055 | H4 |

AUDUSD, H4: AUDUSD was traded higher while currently testing the resistance level 0.7080. MACD which illustrate starting bullish momentum and the formation of golden cross suggest the pair to extend its gains after a breakout above the resistance level.
Resistance level: 0.7080, 0.7105
Support level: 0.7055, 0.7030