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GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-11-27
Resistance and Support Level Explanation
Resistance 0.7265 H1
Support 0.7215 H1

AUDUSD, H1: AUDUSD was traded higher in the sideway channel following prior rebound from the support level at 0.7215. MACD which illustrate bullish momentum and the formation of golden cross suggest the pair to extend its gains toward the resistance level at 0.7265.

Resistance level: 0.7265, 0.7290

Support level: 0.7215, 0.7175