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131119 AUDUSD-Noon

by | Nov 13, 2019 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2019-11-13

AUDUSD, H4: AUDUSD was traded lower following prior breakout below the previous support level 0.6875. However, MACD which illustrate diminishing bearish bias signal with the starting formation of golden cross suggest the pair to experience a technical correction in short term towards the resistance level 0.6875.

 

Resistance level: 0.6875, 0.6925

Support level: 0.6810, 0.6725