GCMAsia - EURUSD

EURUSD
2020-06-19

EURUSD, H4: EURUSD was traded lower following prior breakout below the previous support level at 1.1240. However, MACD which illustrate diminishing bearish momentum signal suggest the pair to undergo technical correction toward the resistance level at 1.1240.
Resistance level: 1.1240, 1.1400
Support level: 1.1115, 1.1025