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GCMAsia - EURUSD
EURUSD
EURUSD
2018-12-19
Resistance and Support Level Explanation
Resistance 1.1395 H4
Support 1.1355 H4

EURUSD, H4: EURUSD was trading higher following recent rebound from the support level 1.1355. MACD which illustrate diminishing bullish momentum suggest the pair to undergo technical correction in short term and retrace from the nearby resistance level 1.1395.

 

Resistance level: 1.1395, 1.1440

Support level: 1.1355, 1.1310