GCMAsia - AUDUSD

AUDUSD
2020-01-21

AUDUSD, H4: AUDUSD was traded lower following prior retracement from the resistance level at 0.6880. However, MACD which illustrate diminishing bearish momentum suggest the pair to undergo technical correction toward the resistance level at 0.6880.
Resistance level: 0.6880, 0.6925
Support level: 0.6850, 0.6815