GCMAsia - AUDUSD
AUDUSD
2018-08-27
| Resistance and Support | Level | Explanation |
| Resistance | 0.7340 | H1 |
| Support | 0.7320 | H1 |
AUDUSD, H1: AUDUSD was traded lower following prior retracement from the resistance level 0.7340. Recent price action and MACD which illustrate bearish bias signal with the death cross formation suggest the pair to extend its retracement towards the support level 0.7315.
Resistance level: 0.7340, 0.7360
Support level: 0.7320, 0.7280