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180319 AUDUSD

by | Mar 18, 2019 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2019-03-18

AUDUSD, H4: AUDUSD was traded flat following recent retracement from the resistance level 0.7085. However, MACD which illustrate bearish bias signal with the starting formation of death cross suggest the pair to extend its retracement towards the support level 0.7050 in short term.

 

Resistance level: 0.7085, 0.7130

Support level: 0.7050, 0.7005