GCMAsia-EURUSD

EURUSD
2021-01-05

EURUSD, H4: EURUSD was traded lower following prior retracement from the resistance level at 1.2305. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction.
Resistance level: 1.2305, 1.2450
Support level: 1.2205, 1.2130