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080519 AUDUSD-Noon

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

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2019-05-08

AUDUSD, H4: AUDUSD was traded higher following prior rebound from the 20 moving average line (Red). MACD which illustrate bullish bias momentum and the formation of golden cross suggest the pair to extend it gains toward the resistance level at 0.7025.

 

Resistance level: 0.7025, 0.7055

Support level: 0.6995, 0.6960