GCMAsia - AUDUSD

AUDUSD
2019-12-31

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 be traded lower in short-term as technical correction.
Resistance level: 0.7020, 0.7060
Support level: 0.6965, 0.6915