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

EURUSD, H4: EURUSD hovering between the range of 1.0620 and 1.0610 after it plunged from recent highs to the level below the both MA lines. Both of the MA lines continues narrowing and almost form a death cross, signaled further downside for the pair and suggested to move further lower after the price close below the support level of 1.0610.

 

Resistance level: 1.0620, 1.0640

Support level: 1.0610, 1.0590