GCMAsia - EURUSD
EURUSD
2017-08-09
| Resistance and Support | Level | Explanation |
| Resistance | 1.1780 | H4 |
| Support | 1.1720 | H4 |
EURUSD, H4: EURUSD was traded lower following prior retracement from the 20-MA line (red). MACD histogram which illustrates negative divergence suggests EURUSD to extend its losses after breaking the strong support level of 1.1720.
Resistance level: 1.1780, 1.1840, 1.1900
Support level: 1.1720, 1.1650