GCMAsia - EURUSD
EURUSD
2018-06-05
| Resistance and Support | Level | Explanation |
| Resistance | 1.1740 | H1 |
| Support | 1.1650 | H1 |
EURUSD, H1: EURUSD remains traded within an ascending wedge while currently testing at the lower level. Both MACD histogram and Stochastic Oscillator which illustrate downward signal suggests bearish bias. Thus, a successful breakout from the bottom level would provide further validation.
Resistance level: 1.1740, 1.1815
Support level: 1.1650, 1.1600