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120520 EURUSD-Noon

by | May 12, 2020 | EUR/USD | 0 comments

GCMAsia-EURUSD
EURUSD
EURUSD
2020-05-12

EURUSD, H4: EURUSD was traded lower following prior retracement from the MA lines. MACD which illustrate bearish momentum signal with the formation of death cross suggest the pair to extend its retracement towards the support level 1.0745.

 

Resistance level: 1.0885, 1.0995

Support level: 1.0745, 1.0615