GCMAsia - AUDUSD

AUDUSD
2019-05-01

AUDUSD, H1: AUDUSD remains traded within a sideways channel in between 0.7035 and 0.7070. Due to the lack of signal from both MACD and price action, it is suggested to wait for a breakout before entering the market.
Resistance level: 0.7070, 0.7115
Support level: 0.7035, 0.6990