GCMAsia-EURUSD

EURUSD
2021-03-22

EURUSD, H4: EURUSD remain traded in a sideway channel while currently testing near the support level 1.1850. However, MACD which display bearish momentum signal with the recent formation of death cross suggest the pair to be traded lower after it breaks below the support level.
Resistance level: 1.1985, 1.2100
Support level: 1.1850, 1.1700