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080419 AUDUSD

by | Apr 8, 2019 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2019-04-08

AUDUSD, H4: AUDUSD was traded lower following prior retracement from the top level of descending channel. MACD which has formed a death cross signal suggests the pair to extend its losses after a closure below 0.7090.

 

Resistance level: 0.7115, 0.7130

Support level: 0.7090, 0.7070