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080419 AUDUSD-Noon

by | Apr 8, 2019 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2019-04-08

AUDUSD, H4: AUDUSD remain traded in a sideway channel following recent retracement from the resistance level 0.7120. MACD which display bearish momentum with the formation of death cross suggest the pair to extend its retracement towards the support level 0.7070.

 

Resistance level: 0.7120, 0.7155

Support level: 0.7070, 0.7045