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290317 AUDUSD

by | Mar 29, 2017 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2017-03-29
Resistance and Support Level Explanation
Resistance 0.7650 H1
Support 0.7625 H1

AUDUSD, H1: AUDUSD was traded lower following a retrace from the resistance level of 0.765. As the MACD histogram continues to illustrate upward signal and momentum, a successful closure above the resistance level of 0.7650 would suggest an extension of upward momentum.

 

Resistance level: 0.7650, 0.7665

Support level: 0.7625, 0.7585