GCMAsia - AUDUSD

AUDUSD
2020-09-23

AUDUSD, H4: AUDUSD was traded lower following recent breakout below the previous support level 0.7200. However, MACD which illustrate diminishing bearish momentum signal suggest the pair to experience a short term pullback back towards the current level 0.7200.
Resistance level: 0.7200, 0.7340
Support level: 0.7105, 0.6970