GCMAsia - AUDUSD
AUDUSD
2018-11-28
| Resistance and Support | Level | Explanation |
| Resistance | 0.7265 | H4 |
| Support | 0.7215 | H4 |
AUDUSD, H4: AUDUSD was traded higher following prior rebound from the support level at 0.7215. MACD which begins to form a bullish signal suggests the pair to extend its gains in short-term after closing above the 20-MA line (red).
Resistance level: 0.7265, 0.7300
Support level: 0.7215, 0.7170