GCMAsia-EURUSD

EURUSD
2021-05-12

EURUSD, H4: EURUSD was traded lower following prior breakout below the support level 1.2125. MACD which illustrate bearish bias signal with the formation of death cross suggest the pair to extend its losses towards the support level 1.2065.
Resistance level: 1.2125, 1.2230
Support level: 1.2065, 1.2000