GCMAsia-AUDUSD

AUDUSD
2020-10-26

AUDUSD, H4: AUDUSD was traded higher following prior breakout above the previous resistance level at 0.7105. However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction.
Resistance level: 0.7200, 0.7270
Support level: 0.7105, 0.7030