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GCMAsia - AUDUSD
AUDUSD
AUDUSD
2017-06-29
Resistance and Support Level Explanation
Resistance 0.7700 Daily
Support 0.7635 Daily

AUDUSD, Daily: AUDUSD extended its ascend following prior upward expansion of both moving average line. Recent closure above the resistance level of 0.7635 suggest further upward bias for AUDUSD to advance towards the next target at 0.7700.

 

Resistance level: 0.7700, 0.7750

Support level: 0.7635, 0.7565