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190522 EURUSD

by | May 19, 2022 | EUR/USD | 0 comments

EURUSD, H4: EURUSD was traded lower following prior breakout below the previous support level. MACD which illustrated increasing bearish momentum suggest the pair to extend its losses.

 

Resistance level: 1.0500, 1.0605

Support level: 1.0415, 1.0335