GCMAsia-EURUSD

EURUSD
2020-06-09

EURUSD, H4: EURUSD was traded lower following prior retracement from the resistance level at 1.1335. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction.
Resistance level: 1.1335, 1.1420
Support level: 1.1240, 1.1160