GCMAsia - EURUSD

EURUSD
2018-10-17
| Resistance and Support | Level | Explanation |
| Resistance | 1.1570 | H1 |
| Support | 1.1540 | H1 |

EURUSD, H1: EURUSD was traded lower following prior breakout below the previous support level 1.1570. MACD which illustrate persistent bearish momentum suggest the pair to extend its losses towards the support level 1.1540.
Resistance level: 1.1570, 1.1605
Support level: 1.1540, 1.1510