GCMAsia-EURUSD

EURUSD
2021-01-12

EURUSD, H4: EURUSD was traded lower while currently testing near the support level 1.2125. However, MACD which illustrate diminishing bearish momentum signal suggest the pair to experience a technical correction towards the resistance level 1.2260.
Resistance level: 1.2260, 1.2390
Support level: 1.2125, 1.1995