GCMAsia - AUDUSD
AUDUSD
2017-09-26
| Resistance and Support | Level | Explanation |
| Resistance | 0.7965 | H4 |
| Support | 0.7930 | H4 |
AUDUSD, H4: AUDUSD remains traded within a downward channel while recently retraced from the 20-MA line (red). Both MA lines which continues to expand downwards suggests AUDUSD to move further down and test at the bottom level after closing below the target of 0.7930.
Resistance level: 0.7965, 0.8000
Support level: 0.7930, 0.7875