GCMAsia-AUDUSD
AUDUSD
2021-05-07
AUDUSD, H4: AUDUSD was traded higher following recent breakout above the previous resistance level 0.7760. However, MACD which illustrate diminishing bullish momentum signal suggest the pair to experience a technical correction in short term back to the level 0.7760.
Resistance level: 0.7805, 0.7860
Support level: 0.7760, 0.7700