GCMAsia - AUDUSD
AUDUSD
2019-12-30
AUDUSD, H4: AUDUSD was traded higher following prior breakout above the previous resistance level at 0.6965. However, MACD which illustrated diminishing bullish momentum suggest the pair to undergo short term technical correction toward the support level at 0.6965.
Resistance level: 0.7005, 0.7065
Support level: 0.6965, 0.6925