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110522 EURUSD

by | May 11, 2022 | EUR/USD | 0 comments

EURUSD, H4: EURUSD was traded lower following prior retracement from the resistance level. MACD which illustrated increasing bearish momentum suggest the pair to extend its losses.

 

Resistance level: 1.0575, 1.0655

Support level: 1.0505, 1.0420