GCMAsia - AUDUSD
AUDUSD
2017-04-26
| Resistance and Support | Level | Explanation |
| Resistance | 0.7520 | H4 |
| Support | 0.7490 | H4 |
AUDUSD, H4: AUDUSD remains traded within a narrowing triangle while currently testing near the bottom level of the triangle. A breakout from this level would signal a change in trend direction to move further downwards thereafter. Otherwise, a rebound would suggest AUDUSD to be traded higher in short-term.
Resistance level: 0.7520, 0.7550
Support level: 0.7490, 0.7470