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050917 EURUSD

by | Sep 5, 2017 | EUR/USD | 0 comments

GCMAsia - EURUSD
EURUSD
EURUSD
2017-09-05
Resistance and Support Level Explanation
Resistance 1.1910 H4
Support 1.1865 H4

EURUSD, H4: EURUSD was traded in an uptrend while currently testing near the 20-MA line (red). MACD indicator which illustrate diminishing downward momentum suggests EURUSD to be traded higher after successfully closing above the resistance level of 1.1910.

 

Resistance level: 1.1910, 1.1970

Support level: 1.1865, 1.1815