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020519 AUDUSD-Noon

by | May 2, 2019 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2019-05-02

AUDUSD, H1: AUDUSD was traded higher while currently testing the 20-MA line (green). MACD which illustrate starting bullish momentum and the formation of golden cross suggest the pair to extend its gains after successfully closing above the 20-MA line.

 

Resistance level: 0.7050, 0.7090

Support level: 0.7000, 0.6930