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050719 AUDUSD-Noon

by | Jul 5, 2019 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2019-07-05

AUDUSD, H4: AUDUSD was traded lower following prior retracement from the resistance level 0.7035. MACD which illustrate bearish bias signal with the starting formation of death cross suggest the pair to extend its retracement towards the support level 0.7000.

 

Resistance level: 0.7055, 0.7115
Support level: 0.7000, 0.6970