GCMAsia - EURUSD

EURUSD
2019-08-13

EURUSD, H1: EURUSD remained traded in a sideway channel while currently testing near its 20-MA line (green). MACD which display bearish bias signal suggest the pair to extend its losses towards the support level 1.1185 after successfully closing below its 20-MA line.
Resistance level: 1.1240, 1.1285
Support level: 1.1185, 1.1155