GCMAsia - AUDUSD
AUDUSD
2019-05-06
AUDUSD, H4: AUDUSD was traded higher following prior rebound from the lower level. However, MACD which illustrate bearish momentum and the formation of death cross suggest the pair to undergo technical correction in short term toward the support level at 0.6950.
Resistance level: 0.6995, 0.7025
Support level: 0.6950, 0.6910