GCMAsia - EURUSD

EURUSD
2019-08-21

EURUSD, H4: EURUSD was traded lower following prior retrace from its higher levels. MACD which illustrate diminished upward momentum suggests the pair to be traded lower in short-term after closing below the 20-MA line (red).
Resistance level: 1.1115, 1.1170
Support level: 1.1070, 1.1025