GCMAsia - EURUSD

EURUSD
2020-09-24

EURUSD, H4: EURUSD was traded lower following prior breakout below the previous support level 1.1720. However, MACD which illustrate diminishing bearish momentum suggest the pair to be experience a short term technical correction back towards the current resistance level 1.1720.
Resistance level: 1.1720, 1.1890
Support level: 1.1575, 1.1455