GCMAsia - AUDUSD
AUDUSD
2017-03-28
| Resistance and Support | Level | Explanation |
| Resistance | 0.7627 | H1 |
| Support | 0.7605 | H1 |
AUDUSD, H1: AUDUSD remains traded within a sideways channel following a retrace form the resistance level of 0.7627 while currently testing near the bottom level of the channel. A successful breakout would signal a change in trend direction to move further downwards thereafter. Otherwise, a rebound would suggest AUDUSD to be traded higher in short-term.
Resistance level: 0.7627, 0.7645, 0.7665
Support level: 0.7605, 0.7580