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010920 EURUSD

by | Sep 1, 2020 | EUR/USD | 0 comments

GCMAsia - EURUSD
EURUSD
EURUSD
2020-09-01

EURUSD, H4: EURUSD was traded higher while currently testing the resistance level 1.1950. However, MACD which illustrate diminishing bullish momentum suggested the pair to be traded lower as a technical correction in short term towards the support level 1.1875.

 

Resistance level: 1.1950, 1.2085

Support level: 1.1875, 1.1775