GCMAsia - AUDUSD

AUDUSD
2021-03-25

AUDUSD, H4: AUDUSD was traded lower following prior breakout below the previous support level at 0.7600. However, MACD which illustrated diminishing bearish momentum suggest the pair to undergo technical correction in short term.
Resistance level: 0.7600, 0.7655
Support level: 0.7565, 0.7505