GCMAsia - EURUSD

EURUSD
2018-03-06
| Resistance and Support | Level | Explanation |
| Resistance | 1.2345 | H4 |
| Support | 1.2310 | H4 |

EURUSD, H4: EURUSD was traded higher prior breaking resistance level at 1.2310. The pair is currently testing the next resistance level at 1.2345. MACD histogram that portrays increasing bullish momentum would suggest the pair to extend its gains if the current candlestick successfully closes above the said resistance level.
Resistance level: 1.2345, 1.2390
Support level: 1.2310, 1.2280