GCMAsia-EURUSD

EURUSD
2020-12-18

EURUSD, H4: EURUSD was traded higher following recent breakout above the previous resistance level 1.2165. However, MACD which illustrate diminishing bullish momentum signal suggest the pair to experience a short-term technical correction towards the support level 1.2165.
Resistance level: 1.2355, 1.2515
Support level: 1.2165, 1.2010