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040220 EURUSD-Noon

by | Feb 4, 2020 | EUR/USD | 0 comments

GCMAsia - EURUSD
EURUSD
EURUSD
2020-02-04

EURUSD, H4: EURUSD was traded lower following prior retracement from the resistance level 1.1085. MACD which illustrate diminishing bullish momentum signal with the starting formation of death cross suggest the pair to extend its retracement towards the support level 1.0990.

 

Resistance level: 1.1085, 1.1165

Support level: 1.0990, 1.0925