GCMAsia - EURUSD

EURUSD
2020-05-13

EURUSD, Daily: EURUSD was traded higher following prior breakout above the previous resistance level at 1.0830. MACD which illustrates diminishing bearish momentum suggest the pair to extend its gains toward the next resistance level at 1.0940.
Resistance level: 1.0940, 1.1025
Support level: 1.0830, 1.0765