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GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-03-28
Resistance and Support Level Explanation
Resistance 0.7690 H4
Support 0.7635 H4

AUDUSD, H4: AUDUSD remains traded within a descending channel while currently testing at the lower level. Recent breakout and formation of death cross from MACD histogram may suggests the pair to extend its losses towards the bottom level of the channel in short-term.

 

Resistance level: 0.7690, 0.7740

Support level: 0.7635, 0.7585