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170620 EURUSD

by | Jun 17, 2020 | EUR/USD | 0 comments

GCMAsia - EURUSD
EURUSD
EURUSD
2020-06-17

EURUSD, H4: EURUSD remain traded in a sideway channel while currently retest the support level 1.1245. However, MACD which illustrate bearish bias signal with the formation of death cross suggest the pair to be traded lower after it breaks below the support level.

 

Resistance level: 1.1390, 1.1490

Support level: 1.1245, 1.1090