GCMAsia - AUDUSD

AUDUSD
2020-11-26

AUDUSD, H4: AUDUSD was traded higher following recent breakout above the previous resistance level 0.7330. However, MACD which illustrate diminishing bullish momentum signal suggest the pair to experience a short term technical correction back towards the level 0.7330.
Resistance level: 0.7410, 0.7480
Support level: 0.7330, 0.7200