GCMAsia - AUDUSD
AUDUSD
2018-07-27
| Resistance and Support | Level | Explanation |
| Resistance | 0.7390 | H1 |
| Support | 0.7360 | H1 |
AUDUSD, H1: AUDUSD remain traded in a sideway range following by a false breakout on resistance level 0.7430 and retrace back into the sideway zone recently. MACD which begins to display a starting formation of golden cross which indicate bullish bias suggest the pair may be traded higher towards the resistance level 0.7390.
Resistance level: 0.7390, 0.7430
Support level: 0.7360, 0.7320