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160819 AUDUSD

by | Aug 16, 2019 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2019-08-16

AUDUSD, H4: AUDUSD was traded lower following prior retracement from the top level of downward channel. MACD which display diminishing bullish momentum suggest the pair to extend its losses toward the support level at 0.6750.

 

Resistance level: 0.6825, 0.6865
Support level: 0.6750, 0.6695