AUDUSD, H4: AUDUSD was traded lower following recent retracement from the resistance level 0.7190. However, MACD which illustrate diminishing bullish momentum signal with the starting formation of death cross suggest the pair to extend its retracement towards the support level 0.7105.
Resistance level: 0.7190, 0.7260
Support level: 0.7105, 0.7005