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GCMAsia - EURUSD
EURUSD
EURUSD
2019-02-01
Resistance and Support Level Explanation
Resistance 1.1500 H4
Support 1.1445 H4

EURUSD, H4: EURUSD was traded lower while currently testing the support level 1.1445. MACD which illustrate bearish signal with the formation of death cross suggest the pair to extend its losses after it breaks below the support level 1.1445.

 

Resistance level: 1.1500, 1.1565

Support level: 1.1445, 1.1405