GCMAsia - AUDUSD
AUDUSD
2018-02-27
| Resistance and Support | Level | Explanation |
| Resistance | 0.7865 | H1 |
| Support | 0.7835 | H1 |
AUDUSD, H1: AUDUSD remains traded within an ascending channel following prior rebound from the lower level. Recent closure above the 20-MA line (red) suggests further upside bias in short-term. Thus, a close above 0.7865 would provide further validation.
Resistance level: 0.7865, 0.7890
Support level: 0.7835, 0.7810