GCMAsia - EURUSD

EURUSD
2018-06-12
| Resistance and Support | Level | Explanation |
| Resistance | 1.1790 | H1 |
| Support | 1.1740 | H1 |

EURUSD, H1: EURUSD was traded lower following prior breakout from the bottom level of narrowing triangle. MACD histogram which illustrate downward signal suggests the pair to extend its losses after breaking the strong support at 1.1740.
Resistance level: 1.1790, 1.1830
Support level: 1.1740, 1.1705