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050820 AUDUSD-Noon

by | Aug 5, 2020 | AUD/USD | 0 comments

GCMAsia-AUDUSD
AUDUSD
AUDUSD
2020-08-05

AUDUSD, H4: AUDUSD was traded higher following prior breakout above the previous resistance level at 0.7175. MACD which illustrate bullish bias momentum suggest the pair to extend its gains after it successfully breakout above the resistance level.

 

Resistance level: 0.7175, 0.7205

Support level: 0.7120, 0.7080