GCMAsia-EURUSD

EURUSD
2020-05-20

EURUSD, H4: EURUSD was traded higher following recent breakout above the previous resistance level 1.0885. However, MACD which illustrate diminishing bullish bias signal suggest the pair to experience a short-term technical correction towards the current support level 1.0885.
Resistance level: 1.0995, 1.1140
Support level: 1.0885, 1.0805