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160419 AUDUSD

by | Apr 16, 2019 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2019-04-16

AUDUSD, H4: AUDUSD was traded flat following recent retracement from its high level. However, MACD which illustrate bearish bias signal with the starting formation of death cross suggest the pair to extend its losses towards the support level 0.7155.

 

Resistance level: 0.7195, 0.7225

Support level: 0.7155, 0.7130