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.

EURUSD, H1: EURUSD was traded lower after breaking support level at 1.2050. MACD that displays a golden-cross would suggest the pair to undergo short-term technical correction to trade higher before continuing its bearish bias.

Resistance level: 1.2050, 1.2100

Support level: 1.1940, 1.1870