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120820 EURUSD

by | Aug 12, 2020 | EUR/USD | 0 comments

GCMAsia - EURUSD
EURUSD
EURUSD
2020-08-12

EURUSD, H4: EURUSD was traded lower following prior retracement from the resistance level 1.1795. However, MACD which illustrate diminishing bearish momentum signal suggest the pair to be traded higher in short term back to resistance level 1.1795.

 

Resistance level: 1.1795, 1.1895

Support level: 1.1690, 1.1575