GCMAsia-EURUSD

EURUSD
2020-05-11

EURUSD, Daily: EURUSD was traded higher following prior rebound from the support level at 1.0790. However, MACD which illustrated increasing bearish momentum suggest the pair to be traded lower in short-term as technical correction.
Resistance level: 1.0975, 1.1080
Support level: 1.0790, 1.0655