GCMAsia - AUDUSD

AUDUSD
2017-10-26
| Resistance and Support | Level | Explanation |
| Resistance | 0.7755 | H4 |
| Support | 0.7700 | H4 |

AUDUSD, H4: AUDUSD was traded higher following prior rebound while currently testing near the support level of 0.7700. Such price action suggests AUDUSD to be traded higher in short-term as technical corrections towards the direction of 0.7755.
Resistance level: 0.7755, 0.7800
Support level: 0.7700, 0.7640