GCMAsia - AUDUSD

AUDUSD
2020-03-18

AUDUSD, H4: AUDUSD was traded lower following prior breakout below the previous support level 0.6150. However, MACD which illustrate diminishing bearish momentum suggest the pair to experience a technical correction in short term towards the current resistance level 0.6150.
Resistance level: 0.6150, 0.6450
Support level: 0.5770, 0.5515