GCMAsia - EURUSD

EURUSD
2019-03-28

EURUSD, H4: EURUSD was traded lower following prior breakout below previous support level 1.1260. However, MACD which illustrate diminishing bearish momentum suggest the pair to undergo short-term technical correction and rebound back to the resistance level 1.1260.
Resistance level: 1.1260, 1.1290
Support level: 1.1215, 1.1175