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280119 AUDUSD

by | Jan 28, 2019 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2019-01-28
Resistance and Support Level Explanation
Resistance 0.7230 H4
Support 0.7155 H4

AUDUSD, H4: AUDUSD was traded higher following prior breakout above the resistance level 0.7155. MACD which illustrate bullish bias with the formation of golden cross suggest the pair to extend its gains towards the resistance level 0.7230.

 

Resistance level: 0.7230, 0.7270

Support level: 0.7155, 0.7115