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300719 EURUSD-Noon

by | Jul 30, 2019 | EUR/USD | 0 comments

GCMAsia - EURUSD
EURUSD
EURUSD
2019-07-30

EURUSD, H1: EURUSD was traded lower while currently testing the 50 moving average line (Blue).  MACD which illustrate diminishing bullish momentum and the formation of death cross signal suggest the pair to extend its losses after successfully breakout below the 50 moving average line (Blue).

 

Resistance level: 1.1170, 1.1200

Support level: 1.1115, 1.1085