GCMAsia - EURUSD

EURUSD
2018-04-05
| Resistance and Support | Level | Explanation |
| Resistance | 1.2290 | H4 |
| Support | 1.2250 | H4 |

EURUSD, H4: EURUSD was traded higher prior rebound from support level at 1.2250. The pair is currently testing the resistance level at 1.2290. Positive divergence as displayed by MACD histogram would suggest the pair to extend its gains if breakout at the said resistance level is successful.
Resistance level: 1.2290, 1.2310
Support level: 1.2250, 1.2220