GCMAsia - EURUSD

EURUSD
2019-01-02
| Resistance and Support | Level | Explanation |
| Resistance | 1.1470 | H4 |
| Support | 1.1435 | H4 |

EURUSD, H4: EURUSD was traded lower following prior retracement from the resistance level 1.1470. MACD which illustrate starting bearish momentum and the formation of death cross suggest the pair to extend its retracement towards the support level 1.1435.
Resistance level: 1.1470, 1.1520
Support level: 1.1435, 1.1395