GCMAsia-EURUSD

EURUSD
2020-08-11

EURUSD, H4: EURUSD was traded lower following prior breakout below the previous support level at 1.1780. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction.
Resistance level: 1.1780, 1.1900
Support level: 1.1685, 1.1590