GCMAsia - AUDUSD
AUDUSD
2018-03-27
| Resistance and Support | Level | Explanation |
| Resistance | 0.7755 | H1 |
| Support | 0.7740 | H1 |
AUDUSD, H1: AUDUSD was traded lower following prior retracement from the minor resistance at 0.7755. MACD histogram which illustrate diminishing upward momentum suggests the pair to be traded lower in short-term as technical correction before extending its bullish bias thereafter.
Resistance level: 0.7755, 0.7780
Support level: 0.7740, 0.7690