GCMAsia-EURUSD
EURUSD
2020-08-19
EURUSD, H4: EURUSD was traded higher following prior breakout above the previous resistance level at 1.1885. However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction.
Resistance level: 1.2040, 1.2175
Support level: 1.1885, 1.1790