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140519 AUDUSD-Noon

by | May 14, 2019 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2019-05-14

AUDUSD, H4: AUDUSD was traded lower after breaking below previous support level 0.6970. However, MACD which display diminishing bearish momentum suggest the pair to undergo short-term technical correction and rebound back towards the resistance level at 0.6970.

 

Resistance level: 0.6970, 0.7030

Support level: 0.6915, 0.6855