GCMAsia - EURUSD

EURUSD
2019-08-08

EURUSD, H4: EURUSD was traded higher following prior retracement from its high level. MACD which illustrate bearish momentum signal with the formation of death cross suggest the pair to extend its losses towards the support level 1.1170.
Resistance level: 1.1275, 1.1340
Support level: 1.1170, 1.1100