GCMAsia - EURUSD
EURUSD
2018-08-07
| Resistance and Support | Level | Explanation |
| Resistance | 1.1580 | H1 |
| Support | 1.1550 | H1 |
EURUSD, H1: EURUSD was traded higher following recent breakout above the trend line and also rebound from the support level 1.1550. Recent price action and MACD which illustrate ongoing bullish momentum suggest the pair may extend its gains toward the resistance level 1.1580.
Resistance level: 1.1580, 1.1605
Support level: 1.1580, 1.1555