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160519 EURUSD-Noon

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

GCMAsia - EURUSD
EURUSD
EURUSD
2019-05-16

EURUSD, H4: EURUSD was traded higher following prior rebound from the support level 1.1180. MACD which display diminishing bearish momentum suggest the pair to extend its rebound after successfully closing above the MA-line.

 

Resistance level: 1.1240, 1.1305

Support level: 1.1180, 1.1120