GCMAsia - AUDUSD

AUDUSD
2019-01-03
| Resistance and Support | Level | Explanation |
| Resistance | 0.6935 | H1 |
| Support | 0.6890 | H1 |

AUDUSD, H1: AUDUSD was traded lower while currently testing near the resistance level 0.7000. MACD which display diminished bearish momentum suggest the pair to extend its gains after successfully closing its candle above the resistance level.
Resistance level: 0.6935, 0.6970
Support level: 0.6890, 0.6840