GCMAsia - EURUSD

EURUSD
2018-12-05
| Resistance and Support | Level | Explanation |
| Resistance | 1.1365 | H4 |
| Support | 1.1330 | H4 |

EURUSD, H4: EURUSD was traded lower in a symmetrical triangle while currently testing near the support level at 1.1330. MACD which illustrate bearish momentum and the formation of death cross suggest the pair to extend its losses after successfully closing below the support level at 1.1330.
Resistance level: 1.1365, 1.1395
Support level: 1.1330, 1.1270