GCMAsia - EURUSD
EURUSD
2017-07-14
| Resistance and Support | Level | Explanation |
| Resistance | 1.1440 | H4 |
| Support | 1.1385 | H4 |
EURUSD, H4: EURUSD has recently broke out from the bottom level of upward channel, signaling a change in trend direction to move further downwards. MACD indicator which shows diminishing upward momentum suggest further bearish pressure for EURUSD after closing below the support level of 1.1385.
Resistance level: 1.1440, 1.1480
Support level: 1.1385, 1.1330