GCMAsia-AUDUSD
AUDUSD
2020-10-16
AUDUSD, H4: AUDUSD was traded lower following prior retracement from the resistance level at 0.7105. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction.
Resistance level: 0.7105, 0.7195
Support level: 0.7030, 0.6950