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170521 AUDUSD-Noon

by | May 17, 2021 | AUD/USD | 0 comments

GCMAsia-AUDUSD
AUDUSD
AUDUSD
2021-05-17

AUDUSD, H4: AUDUSD was traded lower following recent breakout below the previous support level 0.7760. MACD which illustrate diminishing bullish momentum signal suggest the pair to extend its losses towards the support level 0.7700.

 

Resistance level: 0.7760, 0.7805

Support level: 0.7700, 0.7655