GCMAsia - EURUSD

EURUSD
2018-09-14
| Resistance and Support | Level | Explanation |
| Resistance | 1.1730 | H1 |
| Support | 1.1690 | H1 |

EURUSD, H1: EURUSD was traded higher while currently testing the support level 1.1690. MACD which illustrate a bearish momentum and the formation of a death cross suggest the pair to extend its losses after a breakout below the support level 1.1690.
Resistance level: 1.1730, 1.1760
Support level: 1.1690, 1.1645