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050619 EURUSD

by | Jun 5, 2019 | EUR/USD | 0 comments

GCMAsia - EURUSD
EURUSD
EURUSD
2019-06-05

EURUSD, H4: EURUSD was traded higher after breaking above previous resistance level at 1.1240. However, MACD which display diminishing bullish momentum suggest the pair to undergo short-term technical correction and retrace back towards the support level 1.1240.

 

Resistance level: 1.1305, 1.1360

Support level: 1.1240, 1.1180