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GCMAsia - AUDUSD
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