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070120 AUDUSD-Noon

by | Jan 7, 2020 | AUD/USD | 0 comments

GCMAsia-AUDUSD
AUDUSD
AUDUSD
2020-01-07

AUDUSD, H4: AUDUSD was traded lower following prior retracement from the previous resistance level at 0.6965. However, MACD which illustrated diminishing bearish momentum suggest the pair to extend its gains toward resistance level at 0.6965.

 

Resistance level: 0.6965, 0.7020

Support level: 0.6915, 0.6850