83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia - EURUSD
EURUSD
EURUSD
2017-11-01
Resistance and Support Level Explanation
Resistance 1.1685 H1
Support 1.1610 H1

EURUSD, H1: EURUSD was traded higher after breaking resistance level at 1.1610. Absence of signal from both significant candlestick pattern and MACD histogram suggest to wait for breakout to occur to gain confirmation regarding the trend of the pair within short-term timeframe.

Resistance level: 1.1685, 1.1720

Support level: 1.1610, 1.1470