GCMAsia - EURUSD
EURUSD
2017-11-07
| Resistance and Support | Level | Explanation |
| Resistance | 1.1670 | H4 |
| Support | 1.1580 | H4 |
EURUSD, H4: EURUSD was traded higher prior its rebound from support level at 1.1580. Formation of bullish engulfing candlestick pattern and positive divergence by MACD histogram suggest the pair to extend higher toward resistance level at 1.1670.
Resistance level: 1.1670, 1.1750
Support level: 1.1580, 1.1480