83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

EURUSD, H4: EURUSD was traded within a range while currently near the resistance level at 1.1370. However, MACD which illustrate diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction.

 

Resistance level: 1.1370, 1.1530

Support level: 1.1175, 1.1010