GCMAsia - EURUSD
EURUSD
2018-08-03
| Resistance and Support | Level | Explanation |
| Resistance | 1.1610 | H1 |
| Support | 1.1580 | H1 |
EURUSD, H1: EURUSD was traded lower while currently testing the support level 1.1580. Recent price action and MACD which illustrate diminished bearish momentum with starting formation of golden cross suggest the pair may experience a short term technical correction towards the trend line and resistance level 1.1610.
Resistance level: 1.1610, 1.1635
Support level: 1.1580, 1.1555