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240519 EURUSD-Noon

by | May 24, 2019 | EUR/USD | 0 comments

GCMAsia - EURUSD
EURUSD
EURUSD
2019-05-24

EURUSD, H4: EURUSD was traded higher following prior breakout above the previous resistance level 1.1175. However, MACD which illustrate diminishing bullish momentum suggest the pair to experience a short term technical correction towards the current support level 1.1175.

 

Resistance level: 1.1215, 1.1245

Support level: 1.1175, 1.1145