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100719 EURUSD

by | Jul 10, 2019 | EUR/USD | 0 comments

GCMAsia - EURUSD
EURUSD
EURUSD
2019-07-10

EURUSD, H4: EURUSD was traded lower following prior retracement from the resistance level 1.1240. However, MACD which illustrate bullish bias signal with the formation of golden cross suggest the pair to rebound back towards the resistance level 1.1240 as a short-term technical correction.

 

Resistance level: 1.1240, 1.1305

Support level: 1.1180, 1.1120