GCMAsia - AUDUSD

AUDUSD
2019-03-19

AUDUSD, H4: AUDUSD was traded flat following recent retracement from its high level. MACD which illustrate bearish bias signal with the starting formation of death cross suggest the pair to extend its retracement towards the support level 0.7090 in short term.
Resistance level: 0.7130, 0.7155
Support level: 0.7085, 0.7050