GCMAsia - AUDUSD

AUDUSD
2019-03-19

AUDUSD, H1: AUDUSD was traded higher following prior rebound from the lower level. MACD which illustrate diminishing bearish momentum and the formation of golden cross suggest the pair to extend its gains toward the resistance level at 0.7120.
Resistance level: 0.7120, 0.7145
Support level: 0.7070, 0.7045