GCMAsia - EURUSD

EURUSD
2020-11-06

EURUSD, H4: EURUSD was traded higher following prior breakout above the previous resistance level 1.1760. However, MACD which display diminishing bullish momentum signal suggest the pair to experience a short term technical correction towards the support level 1.1760.
Resistance level: 1.1880, 1.1995
Support level: 1.1760, 1.1615