GCMAsia - EURUSD
EURUSD
2018-05-08
| Resistance and Support | Level | Explanation |
| Resistance | 1.1940 | H4 |
| Support | 1.1870 | H4 |
EURUSD, H4: EURUSD was traded lower after breaking support level at 1.1940. However, positive divergence as displayed by MACD signal line would suggest the pair to extend its gains if breakout at the previous low is successful.
Resistance level: 1.1940, 1.2010
Support level: 1.1870, 1.1770