GCMAsia - EURUSD

EURUSD
2019-10-07

EURUSD, H4: EURUSD was traded higher following prior breakout above the previous resistance level 1.0965. However, MACD which illustrate diminishing bullish momentum signal suggest the pair to experience a short term technical correction towards the current support level 1.0965.
Resistance level: 1.1020, 1.1070
Support level: 1.0965, 1.0915