GCMAsia - AUDUSD

AUDUSD
2017-10-19
| Resistance and Support | Level | Explanation |
| Resistance | 07895 | Daily |
| Support | 0.7800 | Daily |

AUDUSD, Daily: AUDUSD was traded higher following prior rebound near the 20-MA line (red). MACD indicator which illustrate diminishing downward momentum suggests the pair to extend its upward momentum after successfully closing above the resistance level of 0.7895.
Resistance level: 0.7895, 0.8020
Support level: 0.7800, 0.7755