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150719 AUDUSD

by | Jul 15, 2019 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2019-07-15

AUDUSD, H4: AUDUSD was traded higher following recent breakout above the previous resistance level 0.7000. However, MACD which indicate diminishing bullish momentum suggest the pair to undergo a technical correction in short term towards back the current support level 0.7000.

 

Resistance level: 0.7035, 0.7065
Support level: 0.7000, 0.6965