GCMAsia - EURUSD

EURUSD
2017-09-08
| Resistance and Support | Level | Explanation |
| Resistance | 1.2070 | H4 |
| Support | 1.1970 | H4 |

EURUSD, H4: EURUSD extended its uptrend following prior closure above the resistance level of 1.1970. MACD histogram which continues to illustrate upward signal suggests EURUSD to advance further up, towards the target of 1.2070.
Resistance level: 1.2070, 1.2130
Support level: 1.1970, 1.1915