GCMAsia - EURUSD

EURUSD
2017-10-27
| Resistance and Support | Level | Explanation |
| Resistance | 1.1680 | H4 |
| Support | 1.1615 | H4 |

EURUSD, H4: EURUSD was traded lower after breaking support level at 1.1680. Bearish arrangement of candlesticks and MACD histogram that shows increasing downward momentum suggest the pair to extend losses toward the next support level at 1.1615.
Resistance level: 1.1680, 1.1735
Support level: 1.1615, 1.1475