GCMAsia - EURUSD

EURUSD
2018-07-11
| Resistance and Support | Level | Explanation |
| Resistance | 1.1740 | H1 |
| Support | 1.1710 | H1 |

EURUSD, H1: EURUSD was traded lower following recent breakout from the upward trendline. MACD histogram which illustrate diminishing upward momentum suggests the pair to extend its losses, towards the direction of support level near 1.1710.
Resistance level: 1.1740, 1.1780
Support level: 1.1710, 1.1680