GCMAsia-EURUSD

EURUSD
2021-02-08

EURUSD, H4: EURUSD was traded higher while currently testing the resistance level 1.2055. However, MACD which illustrate starting of diminishing bullish momentum suggest the pair to be traded lower as a short-term technical correction towards the support level 1.1905.
Resistance level: 1.2055, 1.2180
Support level: 1.1905, 1.1770