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100420 AUDUSD-Noon

by | Apr 10, 2020 | AUD/USD | 0 comments

GCMAsia-AUDUSD
AUDUSD
AUDUSD
2020-04-10

AUDUSD, H1: AUDUSD was traded higher following prior breakout above the previous resistance level at 0.6230. However, MACD which illustrated increasing bearish momentum suggest the pair to be traded lower in short-term as technical correction.

 

Resistance level: 0.6405, 0.6485

Support level: 0.6230, 0.6095