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160720 AUDUSD-Noon

by | Jul 16, 2020 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2020-07-16

AUDUSD, H4: AUDUSD was traded lower following prior retracement from its high level. MACD which illustrate diminishing bullish momentum signal suggest the pair to extend its retracement towards the support level 0.6935.

 

Resistance level: 0.7055, 0.7195

Support level: 0.6935, 0.6820