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120820 AUDUSD

by | Aug 12, 2020 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2020-08-12

AUDUSD, H4: AUDUSD was traded lower following prior retracement from the resistance level 0.7185. MACD which illustrate bearish momentum signal suggest the pair to extend its retracement towards the support level 0.7040.

 

Resistance level: 0.7185, 0.7290

Support level: 0.7040, 0.6935