GCMAsia - AUDUSD

AUDUSD
2019-03-28

AUDUSD, H4: AUDUSD was traded lower while currently testing near the support level 0.7070. However, MACD which display diminishing bearish momentum suggest the pair to undergo short-term technical correction and rebound towards the resistance level 0.7115.
Resistance level: 0.7115, 0.7150
Support level: 0.7070, 0.7025