GCMAsia-EURUSD

EURUSD
2021-06-08
EURUSD, H4: EURUSD was traded higher following prior breakout above the previous resistance level at 1.2170. However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction.
Resistance level: 1.2255, 1.2340
Support level: 1.2170, 1.2120