GCMAsia-EURUSD
EURUSD
2021-05-05
EURUSD, H4: EURUSD was traded lower following prior retracement from the resistance level at 1.2055. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction.
Resistance level: 1.2055, 1.2130
Support level: 1.1985, 1.1920