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090719 EURUSD

by | Jul 9, 2019 | EUR/USD | 0 comments

GCMAsia - EURUSD
EURUSD
EURUSD
2019-07-09

EURUSD, H4: EURUSD was traded lower following prior retracement from the resistance level 1.1235. However, MACD which display diminishing bearish momentum with the starting formation of golden cross suggest the pair to experience a short term technical correction towards back the resistance level 1.1235.

 

Resistance level: 1.1235, 1.1280

Support level: 1.1185, 1.1145