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010621 EURUSD-Noon

by | Jun 1, 2021 | EUR/USD | 0 comments

GCMAsia-EURUSD
EURUSD
EURUSD
2021-06-01

EURUSD, H4: EURUSD remain traded in a sideway channel following recent rebound from the support level 1.2175. However, MACD which illustrate bullish momentum signal with the recent formation of golden cross suggest the pair to be traded higher in short term towards the resistance level 1.2250.

 

Resistance level: 1.2250, 1.2335

Support level: 1.2175, 1.2065