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230819 EURUSD-Noon

by | Aug 23, 2019 | EUR/USD | 0 comments

GCMAsia - EURUSD
EURUSD
EURUSD
2019-08-23

EURUSD, H4: EURUSD was traded lower following prior breakout below previous support level 1.1070. MACD which illustrate bearish momentum with the starting formation of death cross suggest the pair to extend its losses towards the support level 1.1030.

 

Resistance level: 1.1070, 1.1115

Support level: 1.1030, 1.0960