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300119 AUDUSD

by | Jan 30, 2019 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2019-01-30
Resistance and Support Level Explanation
Resistance 0.7230 H4
Support 0.7155 H4

AUDUSD, H4: AUDUSD was traded higher following prior rebound from the support level 0.7155. MACD which illustrate diminishing bearish momentum suggest the pair to extend its gains towards the resistance level 0.7230.

 

Resistance level: 0.7230, 0.7270

Support level: 0.7155, 0.7115