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240720 AUDUSD

by | Jul 24, 2020 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2020-07-24

AUDUSD, H4: AUDUSD was traded lower following prior retracement from the resistance level 0.7160. MACD which illustrate bearish momentum signal with the formation of death cross suggest the pair to extend it losses towards the support level 0.7030.

 

Resistance level: 0.7160, 0.7290

Support level: 0.7030, 0.6935