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200720 AUDUSD

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

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2020-07-20

AUDUSD, H4: AUDUSD was traded higher following prior rebound from the MA lines. MACD which illustrate diminishing bearish momentum signal with the starting formation of golden cross suggest the pair to extend its rebound towards the resistance level 0.7055.

 

Resistance level: 0.7055, 0.7195

Support level: 0.6935, 0.6820