GCMAsia - EURUSD

EURUSD
2019-07-24

EURUSD, H4: EURUSD was traded lower prior breakout below previous support level at 1.1185. However, MACD which illustrate diminishing bearish momentum suggest the pair to undergo short-term technical correction and rebound towards the resistance level 1.1185.
Resistance level: 1.1185, 1.1245
Support level: 1.1120, 1.1075