83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia-EURUSD
EURUSD
EURUSD
2020-09-08

EURUSD, H4: EURUSD was traded lower following prior retracement from the resistance level at 1.1840. Due to lack of signal from MACD, it is suggested to wait for further confirmation before entering into the market.

 

Resistance level: 1.1840, 1.1900

Support level: 1.1775, 1.1705