GCMAsia - EURUSD

EURUSD
2020-08-11

EURUSD, H4: EURUSD was traded lower following prior retracement from the resistance level 1.1795. MACD which illustrate ongoing bearish momentum signal suggest the pair to extend its losses in short term towards the support level 1.1690.
Resistance level: 1.1795, 1.1895
Support level: 1.1690, 1.1575