GCMAsia - AUDUSD

AUDUSD
2018-03-29
| 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 bottom level. MACD histogram which illustrate downward signal may suggest the pair to extend its losses if a breakout occurs at the bottom level.
Resistance level: 0.7690, 0.7740
Support level: 0.7635, 0.7585