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280521 EURUSD-Noon

by | May 28, 2021 | EUR/USD | 0 comments

GCMAsia-EURUSD
EURUSD
EURUSD
2021-05-28

EURUSD, H4: EURUSD was traded lower while currently testing near the support level 1.2175. However, MACD which illustrate diminishing bearish momentum signal suggest the pair to experience a technical correction in short term towards the resistance level 1.2225.

 

Resistance level: 1.2225, 1.2260

Support level: 1.2175, 1.2130