GCMAsia - EURUSD

EURUSD
2018-04-10
| Resistance and Support | Level | Explanation |
| Resistance | 1.2330 | H1 |
| Support | 1.2300 | H1 |

EURUSD, H1: EURUSD was traded lower prior retracement from resistance level at 1.2330. Negative divergence as displayed by MACD histogram would suggest the pair to undergo short-term technical correction to trade lower towards the support level at 1.2300.
Resistance level: 1.2330, 1.2360
Support level: 1.2300, 1.2280