GCMAsia - EURUSD

EURUSD
2018-10-02
| Resistance and Support | Level | Explanation |
| Resistance | 1.1605 | H4 |
| Support | 1.1550 | H4 |

EURUSD, H4: EURUSD was traded higher following previous rebound before the support level near 1.1550. MACD which shows diminishing downward momentum suggests the pair to be traded higher in short-term as technical correction.
Resistance level: 1.1605, 1.1675
Support level: 1.1550, 1.1495