GCMAsia - EURUSD
EURUSD
2018-07-06
| Resistance and Support | Level | Explanation |
| Resistance | 1.1710 | H1 |
| Support | 1.1680 | H1 |
EURUSD, H1: EURUSD remains traded within an ascending channel following prior rebound from the bottom level. However, both MACD and Stochastic Oscillator which portrays bearish bias suggest the pair to extend its losses after closing below the 20-MA line (red).
Resistance level: 1.1710, 1.1740
Support level: 1.1680, 1.1630