GCMAsia - 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