GCMAsia - AUDUSD
AUDUSD
2018-12-26
| Resistance and Support | Level | Explanation |
| Resistance | 0.7070 | H4 |
| Support | 0.7040 | H4 |
AUDUSD, H4: AUDUSD was traded lower while currently testing the support level 0.7040. MACD which display starting bullish momentum and the formation of golden cross suggest the pair to undergo technical correction and rebound from the support level.
Resistance level: 0.7070, 0.7100
Support level: 0.7040, 0.7000