GCMAsia - EURUSD

EURUSD
2019-01-08
| Resistance and Support | Level | Explanation |
| Resistance | 1.1450 | H4 |
| Support | 1.1410 | H4 |

EURUSD, H4: EURUSD was traded lower following prior retracement from the strong resistance at 1.1475. MACD which illustrate diminishing upward momentum suggests the pair to extend its losses in short-term as technical correction.
Resistance level: 1.1450, 1.1475
Support level: 1.1410, 1.1360