GCMAsia - AUDUSD

AUDUSD
2018-08-14
| Resistance and Support | Level | Explanation |
| Resistance | 0.7290 | H1 |
| Support | 0.7255 | H1 |

AUDUSD, H1: AUDUSD remain traded in a sideway channel while currently testing near the support level 0.7255. Although MACD which illustrate ongoing bullish momentum, a breakout above the resistance level 0.7290 is required to attain further confirmation
Resistance level: 0.7290, 0.7320
Support level: 0.7255, 0.7230