GCMAsia - EURUSD
EURUSD
2017-08-01
| Resistance and Support | Level | Explanation |
| Resistance | 1.1850 | H4 |
| Support | 1.1775 | H4 |
EURUSD, H4: EURUSD advances further upwards following prior rebound from the 20-MA line (red). MACD which continues to illustrate increasing upward momentum suggests EURUSD to extend its uptrend after breaking the resistance level at 1.1850.
Resistance level: 1.1850, 1.1900
Support level: 1.1775, 1.1700