GCMAsia - AUDUSD
AUDUSD
2017-03-30
| Resistance and Support | Level | Explanation |
| Resistance | 0.7662 | H1 |
| Support | 0.7650 | H1 |
AUDUSD, H1: AUDUSD was traded lower following prior retrace from the resistance level of 0.7674 while recently closed below the 20-moving average line (red). As the MACD histogram begins to illustrate downward signal and momentum, AUDUSD is expected to advance further down, towards the target of support level at 0.7655.
Resistance level: 0.7662, 0.7674
Support level: 0.7650, 0.7635