GCMAsia-EURUSD

EURUSD
2020-05-07

EURUSD, H4: EURUSD was traded lower while currently near the support level at 1.0780. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction.
Resistance level: 1.0825, 1.0875
Support level: 1.0780, 1.0740