GCMAsia-EURUSD
EURUSD
2020-10-16
EURUSD, H4: EURUSD was traded lower following prior breakout below the previous support level at 1.1725. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction.
Resistance level: 1.1725, 1.1765
Support level: 1.1675, 1.1635