GCMAsia-AUDUSD
AUDUSD
2020-08-05
AUDUSD, Weekly: AUDUSD was higher following prior breakout above the previous resistance level at 0.7120. However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction.
Resistance level: 0.7335, 0.7560
Support level: 0.7120, 0.6815