GCMAsia-EURUSD
EURUSD
2020-06-22
EURUSD, H4: EURUSD was traded lower following prior breakout below the previous support level 1.1250. However, MACD which illustrate diminishing bearish bias signal with the starting formation of golden cross suggest the pair to experience a technical correction in short term towards the current resistance level 1.1250.
Resistance level: 1.1250, 1.1390
Support level: 1.1090, 1.0870