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040121 EURUSD

by | Jan 4, 2021 | EUR/USD | 0 comments

GCMAsia-EURUSD
EURUSD
EURUSD
2021-01-04

EURUSD, H4: EURUSD was traded lower following prior retracement from the resistance level at 1.2325. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction.

 

Resistance level: 1.2325, 1.2450

Support level: 1.2175, 1.2030