GCMAsia - EURUSD

EURUSD
2020-10-12

EURUSD, H4: EURUSD was traded higher following recent rebound from the support level 1.1750. However, MACD which display diminishing bullish bias signal suggest the pair to be traded lower in short term as technical correction back towards the support level 1.1750.
Resistance level: 1.1890, 1.1995
Support level: 1.1750, 1.1615