GCMAsia-EURUSD

EURUSD
2020-04-06

EURUSD, H4: EURUSD was traded lower while currently testing near the support level 1.0780. However, MACD which illustrate diminishing bearish momentum with the starting formation of golden cross suggest the pair to be traded higher as a technical correction towards the resistance level 1.0925.
Resistance level: 1.0925, 1.1060
Support level: 1.0780, 1.0640