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231219 EURUSD-Noon

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

GCMAsia - EURUSD
EURUSD
EURUSD
2019-12-23

EURUSD, H4: EURUSD was traded lower following prior breakout below the previous support level 1.1105. However, MACD which illustrate diminishing bearish momentum suggest the pair to experience a technical correction towards the current resistance level 1.1105.

 

Resistance level: 1.1105, 1.1175

Support level: 1.1045, 1.0990