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110520 AUDUSD-Noon

by | May 11, 2020 | AUD/USD | 0 comments

GCMAsia-AUDUSD
AUDUSD
AUDUSD
2020-05-11

AUDUSD, H4: AUDUSD was traded higher while currently testing the resistance level at 0.6560. However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction.

 

Resistance level: 0.6560, 0.6680

Support level: 0.6405, 0.6235