GCMAsia - EURUSD

EURUSD
2018-07-03
| Resistance and Support | Level | Explanation |
| Resistance | 1.1640 | H1 |
| Support | 1.1590 | H1 |

EURUSD, H1: EURUSD was traded higher following prior rebound from the bottom level of narrowing triangle. MACD histogram which illustrate diminishing bullish signal suggests the pair to be traded lower in short-term after closing below the 20-MA line (red).
Resistance level: 1.1640, 1.1680
Support level: 1.1590, 1.1550