GCMAsia-EURUSD

EURUSD
2020-04-15

EURUSD, H4: EURUSD was traded higher following prior breakout above the previous resistance level at 1.0945. However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction.
Resistance level: 1.1025, 1.1130
Support level: 1.0945, 1.0850