GCMAsia-AUDUSD

AUDUSD
2020-10-05

AUDUSD, H4: AUDUSD was traded higher following prior rebound from the support level at 0.7145. However, MACD which illustrated increasing bearish momentum suggest the pair to be traded lower in short-term as technical correction.
Resistance level: 0.7205, 0.7260
Support level: 0.7145, 0.7110