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080621 AUDUSD

by | Jun 7, 2021 | AUD/USD | 0 comments

GCMAsia-NZDUSD
AUDUSD
AUDUSD
2021-06-08

AUDUSD, H4: AUDUSD was traded higher following prior breakout above the previous resistance level at 0.7710. However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction.

 

Resistance level: 0.7805, 0.7880

Support level: 0.7710, 0.7620