GCMAsia - AUDUSD

AUDUSD
2018-10-29
| Resistance and Support | Level | Explanation |
| Resistance | 0.7100 | H4 |
| Support | 0.7065 | H4 |

AUDUSD, H4: AUDUSD was traded higher while currently testing near the resistance level at 0.7100. MACD which illustrate bullish momentum and the formation of golden cross suggest the pair to extend its gains after a successful breakout from 0.7100.
Resistance level: 0.7100, 0.7145
Support level: 0.7065, 0.7045