GCMAsia - EURUSD

EURUSD
2018-06-06
| Resistance and Support | Level | Explanation |
| Resistance | 1.1740 | H1 |
| Support | 1.1705 | H1 |

EURUSD, H1: EURUSD remains traded within an ascending channel while currently testing at the top level. MACD histogram which illustrate slightly diminished upward momentum suggests the pair to be traded lower in short-term as technical correction.
Resistance level: 1.1740, 1.1790
Support level: 1.1705, 1.1650