GCMAsia - EURUSD
EURUSD
2017-04-26
| Resistance and Support | Level | Explanation |
| Resistance | 1.0965 | H1 |
| Support | 1.0920 | H1 |
EURUSD, H1: EURUSD extended its rally following prior rebound from the 20-moving average line (red). However, as the MACD histogram illustrates downward signal and momentum, EURUSD may be traded lower in the short-term as technical correction. Long-term trend direction still suggests an uptrend.
Resistance level: 1.0965, 1.1000
Support level: 1.0920, 1.0875