GCMAsia - EURUSD

EURUSD
2018-10-08
| Resistance and Support | Level | Explanation |
| Resistance | 1.1510 | H1 |
| Support | 1.1465 | H1 |

EURUSD, H1: EURUSD was traded lower following prior breakout below the previous support level 1.1510. Recent price action and MACD which display bearish bias and the formation of a death cross suggest the pair to extend its losses towards the support level 1.1465.
Resistance level: 1.1510, 1.1570
Support level: 1.1465, 1.1395