GCMAsia - EURUSD

EURUSD
2019-07-15

EURUSD, H4: EURUSD remain traded in a sideway channel while currently testing near the resistance level 1.1280. Due to lack of momentum and clear direction from MACD, it is suggest to wait until further signal appear such as breakout above the resistance level 1.1280 or below the support level 1.1235 before entering the market.
Resistance level: 1.1280, 1.1335
Support level: 1.1235, 1.1185