GCMAsia - AUDUSD

AUDUSD
2020-04-20

AUDUSD, Daily: AUDUSD was traded higher following prior rebound from the 50 moving average line (Blue). However, MACD which illustrate diminishing bullish momentum suggest the pair to undergo technical correction in short term toward the lower level.
Resistance level: 0.6460, 0.6705
Support level: 0.6180, 0.5975