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160419 EURUSD-Noon

by | Apr 16, 2019 | EUR/USD | 0 comments

GCMAsia - EURUSD
EURUSD
EURUSD
2019-04-16

EURUSD, H4: EURUSD was traded lower following prior retracement from the resistance level at 1.1320. MACD which illustrate bearish momentum and the formation of death cross suggest the pair to extend its losses toward the support level at 1.1280.

 

Resistance level: 1.1320, 1.1355

Support level: 1.1280, 1.1255