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301018 AUDUSD-Noon

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

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-10-30
Resistance and Support Level Explanation
Resistance 0.7105 H1
Support 0.7075 H1

AUDUSD, H1: AUDUSD was traded higher following prior breakout from the previous resistance level at 0.7075. MACD which illustrate bullish momentum and the formation of golden cross suggest the pair to extend its gain toward the resistance level at 0.7105.

Resistance level: 0.7105, 0.7140

Support level: 0.7075, 0.7055