GCMAsia - EURUSD

EURUSD
2018-04-06
| Resistance and Support | Level | Explanation |
| Resistance | 1.2250 | H1 |
| Support | 1.2210 | H1 |

EURUSD, H1: EURUSD was traded higher prior rebound from descending trend line. MACD histogram that portrays increasing bullish momentum would suggest the pair to extend its gains if breakout at the 23.6 Fibonacci level is successful.
Resistance level: 1.2250, 1.2290
Support level: 1.2210, 1.2160