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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia - EURUSD
EURUSD
EURUSD
2019-08-07

EURUSD, H4: EURUSD was traded higher following prior rebound from the support level 1.1185. However, MACD which display diminishing bullish momentum suggest the pair to be traded lower back towards the support level 1.1185.

 

Resistance level: 1.1245, 1.1285

Support level: 1.1185, 1.1120