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200520 AUDUSD-Noon

by | May 20, 2020 | AUD/USD | 0 comments

GCMAsia-AUDUSD
AUDUSD
AUDUSD
2020-05-20

AUDUSD, H4: AUDUSD was traded higher while currently testing the resistance level 0.6560. However, MACD which illustrate diminishing bullish momentum signal suggest the pair may experience a short-term technical correction towards the support level 0.6390.

 

Resistance level: 0.6560, 0.6685

Support level: 0.6390, 0.6265