GCMAsia - AUDUSD

AUDUSD
2017-07-27
| Resistance and Support | Level | Explanation |
| Resistance | 0.8080 | Daily |
| Support | 0.8000 | Daily |

AUDUSD, Daily: AUDUSD extended gains following prior closure above the strong resistance level at 0.8000. Both MA line which continues to expand further up suggests AUDUSD to advance towards the next target at 0.8080.
Resistance level: 0.8080, 0.8170
Support level: 0.8000, 0.7900