GCMAsia - EURUSD

EURUSD
2020-11-09

EURUSD, H4: EURUSD was traded flat near the support level after it recently breaks above the previous resistance level 1.1875. However, MACD which illustrate diminishing bullish momentum signal suggest the pair to be traded lower after it breaks back below the level 1.1875.
Resistance level: 1.1995, 1.2125
Support level: 1.1875, 1.1760