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230120 AUDUSD

by | Jan 23, 2020 | AUD/USD | 0 comments

GCMAsia-AUDUSD
AUDUSD
AUDUSD
2020-01-23

AUDUSD, H1: AUDUSD was traded lower following prior retracement from the resistance level at 0.6875. However, MACD which illustrated increasing bullish momentum suggest the pair to be traded higher in short-term as technical correction.

 

Resistance level: 0.6875, 0.6900

Support level: 0.6855, 0.6835