GCMAsia - AUDUSD

AUDUSD
2017-04-27
| Resistance and Support | Level | Explanation |
| Resistance | 0.7485 | H1 |
| Support | 0.7465 | H1 |

AUDUSD, H1: AUDUSD was traded higher following prior rebound from the support level of 0.7465 while closing above the 20-moving average line (red). An upward signal from MACD histogram suggests AUDUSD to extend its upward momentum following a successful closure above the resistance level of 0.7485.
Resistance level: 0.7485, 0.7505
Support level: 0.7465, 0.7445