GCMAsia-EURUSD
EURUSD
2020-05-18
EURUSD, H4: EURUSD remain traded in a sideway channel following recent rebound from the support level 1.0785. However, MACD which illustrate bullish momentum signal with the formation of death cross suggest the pair to extend its rebound in short term towards the resistance level 1.0885.
Resistance level: 1.0885, 1.1000
Support level: 1.0785, 1.0680