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260517 AUDUSD

by | May 26, 2017 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2017-05-26
Resistance and Support Level Explanation
Resistance 0.7445 H4
Support 0.7420 H4

AUDUSD, H4: AUDUSD has recently broke out from the bottom level of upward channel, signalling a change in trend direction to move further downwards. AUDUSD is expected to extend its losses after successfully breaking the support level of 0.7420.

 

Resistance level: 0.7445, 0.7470

Support level: 0.7420, 0.7400