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280819 AUDUSD-Noon

by | Aug 28, 2019 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2019-08-28

AUDUSD, H4: AUDUSD was traded lower following prior breakout below the previous support level at 0.6750. MACD which illustrate bearish momentum and the formation of death cross suggest the pair to extend its losses toward the support level at 0.6695.

 

Resistance level: 0.6750, 0.6795

Support level: 0.6695, 0.6635