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280619 AUDUSD-Noon

by | Jun 28, 2019 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2019-06-28

AUDUSD, H4: AUDUSD was traded higher following prior breakout above the previous resistance level 0.7000. However, MACD which display lack of bullish momentum suggest the pair to experience a short term technical correction towards back the current support level 0.7000.

 

Resistance level: 0.7035, 0.7065

Support level: 0.7000, 0.6965