GCMAsia - EURUSD

EURUSD
2019-07-16

EURUSD, H4: EURUSD was traded lower following prior retracement from the channel top level. MACD which illustrate bearish momentum and the formation of death cross suggest the pair to extend its losses toward the channel bottom level at 1.1245.
Resistance level: 1.1280, 1.1320
Support level: 1.1245, 1.1210