GCMAsia - EURUSD

EURUSD
2019-07-31

EURUSD, H4: EURUSD was traded in a sideway channel following recent retracement from its high level. However, MACD which illustrate diminishing bullish momentum signal suggest the pair to be traded lower towards the support level 1.1120.
Resistance level: 1.1185, 1.1235
Support level: 1.1120, 1.1080