GCMAsia-AUDUSD

AUDUSD
2020-11-03

AUDUSD, H1: AUDUSD was traded higher following prior breakout above the previous resistance level at 0.7040. However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction.
Resistance level: 0.7075, 0.7110
Support level: 0.7035, 0.6990