GCMAsia - AUDUSD

AUDUSD
2020-01-07

AUDUSD, H4: AUDUSD was traded lower while currently testing near the support level 0.6925. However, MACD which illustrate diminishing bearish momentum signal suggest the pair to experience a technical correction in short term towards the resistance level 0.6990.
Resistance level: 0.6990, 0.7040
Support level: 0.6925, 0.6885