GCMAsia - EURUSD

EURUSD
2020-04-20

EURUSD, H4: EURUSD was traded lower following prior retracement from the 20 moving average line (Red). However, MACD which illustrate diminishing bearish momentum suggest the pair to undergo short term technical correction toward higher level.
Resistance level: 1.0940, 1.1025
Support level: 1.0830, 1.0765