GCMAsia - AUDUSD
AUDUSD
2020-05-05
AUDUSD, Daily: AUDUSD was traded higher following prior rebound from the 20 moving average line (Red). However, MACD which illustrate diminishing bullish momentum with the formation of death cross suggest the pair to undergo technical correction in short term.
Resistance level: 0.6460, 0.6705
Support level: 0.6180, 0.5975