GCMAsia - EURUSD

EURUSD
2017-10-10
| Resistance and Support | Level | Explanation |
| Resistance | 1.1820 | H4 |
| Support | 1.1700 | H4 |

EURUSD, H4: EURUSD was traded higher prior breaking above resistance level at 1.1740. Upward slope of MACD signal line suggests the pair to continue its momentum to trade higher toward the next resistance level at 1.1820.
Resistance level: 1.1820, 1.1870
Support level: 1.1700, 1.1615