GCMAsia-EURUSD

EURUSD
2019-11-01

EURUSD, H4: EURUSD was traded higher while testing the resistance level 1.1170. However, MACD which illustrate diminishing bullish bias signal suggest the pair to be traded lower in short term as a technical correction towards the support level 1.1075.
Resistance level: 1.1170, 1.1225
Support level: 1.1075, 1.1020