GCMAsia-EURUSD

EURUSD
2020-08-31

EURUSD, H4: EURUSD was traded higher following prior breakout above the previous resistance level at 1.1900. However, MACD which illustrated diminishing bullish momentum suggest the pair to undergo technical correction in short term.
Resistance level: 1.1950, 1.1990
Support level: 1.1900, 1.1840