GCMAsia - EURUSD
EURUSD
2018-03-16
| Resistance and Support | Level | Explanation |
| Resistance | 1.2350 | H4 |
| Support | 1.2300 | H4 |
EURUSD, H4: EURUSD was traded lower after breaking trend line of symmetry triangle. The pair is currently testing the support level at 1.2300. MACD histogram that portrays ongoing bearish momentum would suggest the pair to extend its losses if breakout at the said support level is successful.
Resistance level: 1.2350, 1.2400
Support level: 1.2300, 1.2250