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250419 AUDUSD-Noon

by | Apr 25, 2019 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2019-04-25

AUDUSD, H4: AUDUSD was traded lower while currently testing near the support level 0.7005. However, MACD which illustrate diminishing bearish momentum suggest the pair to experience a short term technical correction towards the support level 0.7005.

 

Resistance level: 0.7050, 0.7085

Support level: 0.7005, 0.6950