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250820 AUDUSD

by | Aug 25, 2020 | AUD/USD | 0 comments

GCMAsia-AUDUSD
AUDUSD
AUDUSD
2020-08-25

AUDUSD, H4: AUDUSD was traded lower following prior retracement from the resistance level at 0.7205. However, MACD which illustrated increasing bullish momentum suggest the pair to be traded higher in short-term as technical correction.

 

Resistance level: 0.7205, 0.7235

Support level: 0.7140, 0.7075