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GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-02-26
Resistance and Support Level Explanation
Resistance 0.7885 Daily
Support 0.7810 Daily

AUDUSD, Daily: AUDUSD was traded higher prior rebound from 200-MA line. MACD histogram that portrays increasing bearish momentum suggests downside bias for the pair yet a breakout below the said MA line and support level at 0.7810 is required to confirm the bearish signal.

Resistance level: 0.7885, 0.7935

Support level: 0.7810, 0.7740