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090120 AUDUSD

by | Jan 9, 2020 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2020-01-09

AUDUSD, H4: AUDUSD was traded lower while currently testing near the support level 0.6850. However, MACD which illustrate diminishing bearish momentum with the starting formation of golden cross suggest the pair to be traded higher as a technical correction towards the resistance level 0.6925.

 

Resistance level: 0.6925, 0.6990

Support level: 0.6850, 0.6800