GCMAsia - EURUSD

EURUSD
2018-03-08
| Resistance and Support | Level | Explanation |
| Resistance | 1.2450 | H4 |
| Support | 1.2390 | H4 |

EURUSD, H4: EURUSD was traded higher prior gaining its support at 1.2390. However, MACD signal line that portrays a death-cross would suggest the pair to undergo short-term technical correction to trade lower towards its previous high.
Resistance level: 1.2450, 1.2540
Support level: 1.2390, 1.2340