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290420 EURUSD-Noon

by | Apr 29, 2020 | EUR/USD | 0 comments

GCMAsia - EURUSD
EURUSD
EURUSD
2020-04-29

EURUSD, Daily: EURUSD was traded higher following prior breakout above the previous resistance level at 1.0830. MACD which illustrate diminishing bearish momentum with the formation of golden cross suggest the pair to extend its gains toward the resistance level at 1.0940.

 

Resistance level: 1.0940, 1.1025

Support level: 1.0830, 1.0765