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GCMAsia - AUDUSD
AUDUSD
AUDUSD
2017-03-31
Resistance and Support Level Explanation
Resistance 0.7650 H1
Support 0.7635 H1

AUDUSD, H1: AUDUSD was traded lower following prior retracement from the resistance level of 0.7650. Referring to both moving average line which continues to narrow downwards and may form an imminent death cross, AUDUSD is expected to advance further downwards after a successful closure below the support level of 0.7635.

 

Resistance level: 0.7650, 0.7665

Support level: 0.7635, 0.7620