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200521 EURUSD-Noon

by | May 20, 2021 | EUR/USD | 0 comments

GCMAsia-EURUSD
EURUSD
EURUSD
2021-05-20

EURUSD, H4: EURUSD was traded lower following recent breakout below the previous support level 1.2180. MACD which illustrate bearish bias signal with the formation of death cross suggest the pair to extend its losses towards the support level 1.2130.

 

Resistance level: 1.2230, 1.2290

Support level: 1.2180, 1.2130