GCMAsia - EURUSD

EURUSD
2019-01-08
| Resistance and Support | Level | Explanation |
| Resistance | 1.1480 | H4 |
| Support | 1.1430 | H4 |

EURUSD, H4: EURUSD was traded lower following prior retracement from resistance level 1.1480. MACD which display bearish momentum and the formation of death cross suggest the pair to extend its losses toward the support level at 1.1430.
Resistance level: 1.1480, 1.1515
Support level: 1.1430, 1.1395