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300719 AUDUSD-Noon

by | Jul 30, 2019 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2019-07-30

AUDUSD, H4: AUDUSD was traded lower following prior breakout below the previous support level at 0.6905. However, MACD which display bullish momentum and the formation of golden cross suggest the pair to undergo short term technical correction toward the resistance level at 0.6905.

 

Resistance level: 0.6905, 0.6935
Support level: 0.6865, 0.6825