GCMAsia - EURUSD

EURUSD
2019-11-20

EURUSD, H4: EURUSD was traded flat while currently testing the support level 1.1070. However, MACD which illustrate diminishing bullish momentum signal with the starting formation of death cross suggest the pair to be traded lower after it breaks below the support level.
Resistance level: 1.1170, 1.1250
Support level: 1.1070, 1.0990