GCMAsia-AUDUSD

AUDUSD
2020-07-07

AUDUSD, H4: AUDUSD was traded higher following prior breakout above the previous resistance level at 0.6960. However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction.
Resistance level: 0.7010, 0.7050
Support level: 0.6960, 0.6925