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270619 AUDUSD

by | Jun 27, 2019 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2019-06-27

AUDUSD, H4: AUDUSD was traded higher while currently testing near the resistance level at 0.7000. Due to lack of momentum from the MACD, a breakout above or retracement from the resistance level 0.7000 is required to obtain further confirmation before entering the market.

 

Resistance level: 0.7000, 0.7055
Support level: 0.6970, 0.6930