GCMAsia - AUDUSD
AUDUSD
2020-10-12
AUDUSD, H4: AUDUSD was traded higher following recent breakout above the previous resistance level 0.7200. However, MACD which illustrate diminishing bullish momentum signal suggest the pair to experience a short term technical correction back towards the support level 0.7200.
Resistance level: 0.7340, 0.7410
Support level: 0.7200, 0.7105