GCMAsia - EURUSD

EURUSD
2019-05-14

EURUSD, H4: EURUSD was traded higher while currently testing the resistance level at 1.1240. However, MACD which display diminishing bullish momentum suggest the pair to undergo short-term technical correction and retrace towards the support level 1.1185.
Resistance level: 1.1240, 1.1305
Support level: 1.1185, 1.1145