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290420 AUDUSD

by | Apr 29, 2020 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2020-04-29

AUDUSD, H4: AUDUSD was traded higher following prior breakout above the previous resistance level 0.6445. However, MACD which illustrate diminishing bullish momentum suggest the pair to experience a short-term technical correction towards back the current support level 0.6445.

 

Resistance level: 0.6660, 0.6770

Support level: 0.6445, 0.6210