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270521 AUDUSD-Noon

by | May 27, 2021 | AUD/USD | 0 comments

GCMAsia-AUDUSD
AUDUSD
AUDUSD
2021-05-27

AUDUSD, H4: AUDUSD was traded lower following prior breakout below the previous support level 0.7760. MACD which illustrate bearish momentum signal with the formation of death cross suggest the pair to extend its losses towards the support level 0.7700.

 

Resistance level: 0.7760, 0.7805

Support level: 0.7700, 0.7655