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170221 AUDUSD

by | Feb 16, 2021 | AUD/USD | 0 comments

GCMAsia-AUDUSD
AUDUSD
AUDUSD
2021-02-17

AUDUSD, H4: AUDUSD was traded lower following prior breakout below the previous support level at 0.7765. MACD which illustrated increasing bearish momentum suggest the pair to extend its losses toward support level at 0.7670.

 

Resistance level: 0.7765, 0.7865

Support level: 0.7670, 0.7590