83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

EURUSD, Daily: EURUSD was traded higher following prior rebound from the support level near 1.2055. Recent pin bar formation while coupled with diminished downward signal from MACD histogram may suggest the pair to be traded higher in short-term, towards the direction of resistance level near 1.2170.

 

Resistance level: 1.2170, 1.2320

Support level: 1.2055, 1.1935