GCMAsia - EURUSD

EURUSD
2019-01-09
| Resistance and Support | Level | Explanation |
| Resistance | 1.1480 | H4 |
| Support | 1.1430 | H4 |

EURUSD, H4: EURUSD was traded higher in the sideway channel following prior rebound from the support level at 1.1430. However, MACD which illustrate diminishing bullish momentum suggest the pair to undergo technical correction toward the support level at 1.1430.
Resistance level: 1.1480, 1.1515
Support level: 1.1430, 1.1410