GCMAsia - AUDUSD

AUDUSD
2019-07-05

AUDUSD, Daily: AUDUSD was traded lower following prior retracement from the top level of descending channel. MACD which illustrate diminishing upward momentum suggests the pair to be traded lower in short-term as technical correction.
Resistance level: 0.7040, 0.7110
Support level: 0.7005, 0.6960