GCMAsia-EURUSD

EURUSD
2021-01-12

EURUSD, H4: EURUSD was traded lower following prior breakout below the previous support level at 1.2160. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction.
Resistance level: 1.2210, 1.2210
Support level: 1.2105, 1.2060