GCMAsia - EURUSD
EURUSD
2018-08-08
| Resistance and Support | Level | Explanation |
| Resistance | 1.1625 | H4 |
| Support | 1.1605 | H4 |
EURUSD, H4: EURUSD was traded higher following recent breakout above the resistance level 1.1605. Recent price action and MACD which display bullish momentum signal with golden cross formation suggest the pair may extends its gains towards the next resistance level 1.1625.
Resistance level: 1.1625, 1.1655
Support level: 1.1605, 1.1580