GCMAsia-EURUSD

EURUSD
2020-12-16

EURUSD, H4: EURUSD remain traded in sideway channel while currently testing near the resistance level 1.2165. However, MACD which illustrate diminishing bullish bias signal suggest the pair to be traded lower in short term towards the support level 1.2010.
Resistance level: 1.2165, 1.2355
Support level: 1.2010, 1.1895