GCMAsia-AUDUSD

AUDUSD
2020-11-09

AUDUSD, H4: AUDUSD was traded higher following prior breakout above the previous resistance level at 0.7265. However, MACD which illustrate diminishing bullish momentum suggest the pair to undergo technical correction toward the lower level.
Resistance level: 0.7330, 0.7405
Support level: 0.7265, 0.7205