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240920 AUDUSD

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

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2020-09-24

AUDUSD, H4: AUDUSD was traded lower following prior breakout below the previous support level 0.7105. However, MACD which illustrate signs of diminishing bearish momentum suggest the pair to experience a short term technical correction towards the current resistance level 0.7105.

 

Resistance level: 0.7105, 0.7200

Support level: 0.6970, 0.6820