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180319 EURUSD

by | Mar 18, 2019 | EUR/USD | 0 comments

GCMAsia - EURUSD
EURUSD
EURUSD
2019-03-18

EURUSD, H4: EURUSD was traded in a sideway channel following recent retracement from the resistance level 1.1340. However, MACD which illustrate bearish momentum with the starting formation of death cross suggest the pair to extend its retracement towards the support level 1.1295 in short term.

 

Resistance level: 1.1340, 1.1395

Support level: 1.1295, 1.1260