GCMAsia - EURUSD

EURUSD
2020-01-23

EURUSD, H4: EURUSD was traded lower following prior retracement from the higher level of downward channel. MACD which illustrate diminishing bullish momentum signal suggest the pair to extend its losses toward the support level at 1.1070.
Resistance level: 1.1110, 1.1160
Support level: 1.1075, 1.1035