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300518 AUDUSD

by | May 30, 2018 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-05-30
Resistance and Support Level Explanation
Resistance 0.7515 H4
Support 0.7480 H4

AUDUSD, H4: AUDUSD extended its losses following prior breakout from the support level at 0.7515. MACD histogram which illustrate persistent downward signal suggests the pair to advance with its current bearish bias following a closure below 0.7480.

 

Resistance level: 0.7515, 0.7570

Support level: 0.7480, 0.7425