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040518 EURUSD

by | May 4, 2018 | EUR/USD | 0 comments

GCMAsia - EURUSD
EURUSD
EURUSD
2018-05-04
Resistance and Support Level Explanation
Resistance 1.2010 H4
Support 1.1940 H4

EURUSD, H4: EURUSD was traded higher prior rebound from support level at 1.1940. MACD that portrays a golden-cross would suggest the pair to extend its gains if candlestick successfully closes above the trend line of descending channel.

Resistance level: 1.2010, 1.2050

Support level: 1.1940, 1.1870