GCMAsia-EURUSD

EURUSD
2020-02-18

EURUSD, Daily: EURUSD was traded lower following prior breakout below the previous support level at 1.0900. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction.
Resistance level: 1.0900, 1.1005
Support level: 1.0785, 1.0655