GCMAsia - EURUSD

EURUSD
2018-09-06
| Resistance and Support | Level | Explanation |
| Resistance | 1.1650 | H1 |
| Support | 1.1625 | H1 |

EURUSD, H1: EURUSD was traded higher following prior breakout above the previous resistance level 1.1625. Recent price movement and MACD which signal a persistent bullish momentum suggest the pair to extend its gains after a breakthrough above the resistance level 1.1650.
Resistance level: 1.1650, 1.1695
Support level: 1.1625, 1.1580