GCMAsia - EURUSD

EURUSD
2020-08-14

EURUSD, H4: EURUSD remain traded in a sideway channel following recent rebound from the support level 1.1705. However, MACD which illustrate bullish momentum signal suggest the pair to extend its rebound towards the resistance level 1.1895.
Resistance level: 1.1895, 1.1985
Support level: 1.1705, 1.1575