GCMAsia - EURUSD

EURUSD
2021-03-02

EURUSD, H4: EURUSD was traded lower following prior breakout below the previous support level at 1.2065. However, MACD which illustrated diminishing bearish momentum suggest the pair to undergo technical correction in short term.
Resistance level: 1.2065, 1.2105
Support level: 1.2015, 1.1950