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030519 AUDUSD-Noon

by | May 3, 2019 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2019-05-03

AUDUSD, H4: AUDUSD was traded lower while currently testing the support level 0.6990. However, MACD which display diminishing bearish momentum suggest the pair to undergo short-term technical correction and rebound towards the resistance level 0.7050.

 

Resistance level: 0.7050, 0.7090

Support level: 0.6990, 0.6930