GCMAsia-EURUSD

EURUSD
2020-08-06

EURUSD, H1: EURUSD was traded lower following prior retracement from the resistance level at 1.1900. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction.
Resistance level: 1.1900, 1.1995
Support level: 1.1780, 1.1685