AUDUSD, H4: AUDUSD was traded lower while currently testing near the support level 0.7175. However, MACD which illustrate diminishing bearish momentum signal with the formation of golden cross suggest the pair to experience a technical correction in short term towards the resistance level 0.7260.
Resistance level: 0.7260, 0.7365
Support level: 0.7175, 0.7105