GCMAsia - EURUSD
EURUSD
2018-04-27
| Resistance and Support | Level | Explanation |
| Resistance | 1.2160 | H4 |
| Support | 1.2050 | H4 |
EURUSD, H4: EURUSD was traded lower prior breaking support level at 1.2160. MACD that portrays ongoing downside momentum would suggest the pair to extend its losses towards the support level at 1.2050.
Resistance level: 1.2160, 1.2240
Support level: 1.2050, 1.1940