GCMAsia-AUDUSD

AUDUSD
2020-07-08

AUDUSD, H1: AUDUSD was traded lower following prior retracement from the resistance level at 0.6970. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction.
Resistance level: 0.6970, 0.7010
Support level: 0.6925, 0.6885