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160819 EURUSD

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

GCMAsia - EURUSD
EURUSD
EURUSD
2019-08-16

EURUSD, Daily: EURUSD was traded lower following prior breakout below the previous support level at 1.1115. MACD which display bearish momentum and the formation of death cross suggest the pair to extend its losses towards the support level 1.1070.

 

Resistance level: 1.1115, 1.1155

Support level: 1.1070, 1.1030