GCMAsia - EURUSD
EURUSD
2017-08-02
| Resistance and Support | Level | Explanation |
| Resistance | 1.1850 | H4 |
| Support | 1.1775 | H4 |
EURUSD, H4: EURUSD were traded lower following prior retracement from the resistance level of 1.1850. MACD which illustrates a reduction in upward momentum suggests EURUSD to be traded lower in short-term as technical correction towards the support level of 1.1775.
Resistance level: 1.1850, 1.1900
Support level: 1.1775, 1.1700