GCMAsia-AUDUSD

AUDUSD
2020-08-27

AUDUSD, H4: AUDUSD was traded higher following prior breakout above the previous resistance level at 0.7205. However, MACD which illustrate diminishing bullish momentum signal suggest the pair to undergo technical correction in short term toward lower level.
Resistance level: 0.7265, 0.7330
Support level: 0.7205, 0.7150