GCMAsia - EURUSD

EURUSD
2019-11-11

EURUSD, H4: EURUSD was traded lower following prior breakout below the previous support level 1.1060. However, MACD which illustrate diminishing bearish bias signal suggest the pair to undergo a technical correction in short term towards the current resistance level 1.1060.
Resistance level: 1.1060, 1.1170
Support level: 1.0990, 1.0925