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310517 AUDUSD

by | May 31, 2017 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2017-05-31
Resistance and Support Level Explanation
Resistance 0.7465 H4
Support 0.7440 H4

AUDUSD, H4: AUDUSD remained traded within a narrowing triangle while recently retraced from the resistance level of 0.7465. A closure below the support level of 0.7440 would suggest AUDUSD to advance further down, towards the lower level of the triangle.

 

Resistance level: 0.7465, 0.7505

Support level: 0.7440, 0.7415