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161019 AUDUSD

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

GCMAsia-AUDUSD
AUDUSD
AUDUSD
2019-10-16

AUDUSD, H4: AUDUSD was traded lower following prior retracement from the resistance level at 0.6765. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction.

 

Resistance level: 0.6765, 0.6795

Support level: 0.6745, 0.6710