GCMAsia - EURUSD

EURUSD
2018-10-02
| Resistance and Support | Level | Explanation |
| Resistance | 1.1570 | H1 |
| Support | 1.1530 | H1 |

EURUSD, H1: EURUSD was traded lower following prior breakout below the previous support level 1.1570. MACD which display bearish momentum and the formation of a death cross suggest the pair to extend its losses towards the support level 1.1530.
Resistance level: 1.1570, 1.1615
Support level: 1.1530, 1.1465