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041219 EURUSD

by | Dec 4, 2019 | EUR/USD | 0 comments

GCMAsia - EURUSD
EURUSD
EURUSD
2019-12-04

EURUSD, H4: EURUSD was traded higher while currently testing the resistance level 1.1080. However, MACD which illustrate diminishing bullish momentum signal suggest the pair to be traded lower as a technical correction towards the support level 1.0990.

 

Resistance level: 1.1080, 1.1170

Support level: 1.0990, 1.0925