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120719 EURUSD

by | Jul 12, 2019 | EUR/USD | 0 comments

GCMAsia - EURUSD
EURUSD
EURUSD
2019-07-12

EURUSD, H4: EURUSD was traded lower while currently testing near the 20-MA line (green) and support level 1.1240. MACD which illustrate diminishing bullish momentum suggest the pair to extend its losses after successfully breaking below the 20-MA line and support level.

 

Resistance level: 1.1305, 1.1360

Support level: 1.1240, 1.1180