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180918 EURUSD

by | Sep 18, 2018 | EUR/USD, Strategy | 0 comments

GCMAsia - EURUSD
EURUSD
EURUSD
2018-09-18
Resistance and Support Level Explanation
Resistance 1.1690 H1
Support 1.1645 H1

EURUSD, H1: EURUSD was traded higher while currently testing the resistance level 1.1690. MACD which illustrate a bearish momentum and the starting formation of a golden cross suggest the pair to extend its gains after a breakout above the resistance level 1.1690.

 

Resistance level: 1.1690, 1.1730

Support level: 1.1645, 1.1615