GCMAsia - AUDUSD

AUDUSD
2019-06-27

AUDUSD, H4: AUDUSD was traded higher while currently testing near the resistance level 0.7000. However, MACD which illustrate diminishing bullish momentum suggest the pair to be traded lower as a short term technical correction towards the support level 0.6965.
Resistance level: 0.6965, 0.7000
Support level: 0.6930, 0.6900