GCMAsia - AUDUSD
AUDUSD
2017-09-27
| Resistance and Support | Level | Explanation |
| Resistance | 0.7895 | Daily |
| Support | 0.7755 | Daily |
AUDUSD, Daily: AUDUSD remains traded within an upward channel while currently testing at the bottom level. Both MA line which continues to narrow downwards while coupled with downward signal from MACD histogram suggests possibility to occur a breakout at this level and signal a change in trend direction to move further downwards.
Resistance level: 0.7895, 0.8015
Support level: 0.7755, 0.7605