GCMAsia - AUDUSD

AUDUSD
2020-09-03

AUDUSD, H4: AUDUSD was traded lower following prior retracement from the resistance level 0.7385. However, MACD which display diminishing bearish momentum signal suggest the pair to be traded higher as a short term technical correction towards back the resistance level 0.7385.
Resistance level: 0.7385, 0.7460
Support level: 0.7275, 0.7190