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161019 EURUSD

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

GCMAsia-EURUSD
EURUSD
EURUSD
2019-10-16

EURUSD, H4: EURUSD was traded higher after it successfully breakout above the previous resistance level at 1.1020. MACD which illustrated diminishing bearish momentum suggest the pair to extend its gain toward resistance level at 1.1050.

 

Resistance level: 1.1050, 1.1070

Support level: 1.1020, 1.1000