GCMAsia - EURUSD

EURUSD
2019-05-09

EURUSD, H4: EURUSD remain traded in a sideway channel following recent retracement from the resistance level 1.1215. However, due to lack of momentum and clear direction from MACD, a breakout above the resistance level 1.1215 or below the support level 1.1180 is required to attain further confirmation.
Resistance level: 1.1215, 1.1245
Support level: 1.1180, 1.1115