GCMAsia - AUDUSD

AUDUSD
2019-03-05

AUDUSD, H4: AUDUSD remains traded within a sideways channel following prior retracement from the mid-level channel near 0.7100. MACD which display bearish bias signal suggest the pair to extend its retracement towards the bottom-level of the channel at 0.7060.
Resistance level: 0.7100, 0.7170
Support level: 0.7060, 0.7030