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040520 EURUSD-Noon

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

GCMAsia-EURUSD
EURUSD
EURUSD
2020-05-04

EURUSD, H4: EURUSD was traded lower following prior retracement from resistance level 1.0995. MACD which illustrate bearish momentum signal with the formation of death cross suggest the pair to extend its losses towards the support level 1.0890.

 

Resistance level: 1.0995, 1.1080

Support level: 1.0890, 1.0825