GCMAsia - EURUSD

EURUSD
2017-07-05
| Resistance and Support | Level | Explanation |
| Resistance | 1.1380 | H1 |
| Support | 1.1345 | H1 |

EURUSD, H1: EURUSD was traded higher following prior rebound while successfully closing above the 20-moving average line (red). MACD histogram which begins to illustrate substantial upward signal suggests EURUSD to advance towards the first target at 1.1380.
Resistance level: 1.1380, 1.1445
Support level: 1.1345, 1.1310