GCMAsia - EURUSD
EURUSD
2018-04-12
| Resistance and Support | Level | Explanation |
| Resistance | 1.2380 | H4 |
| Support | 1.2350 | H4 |
EURUSD, H4: EURUSD was traded lower prior retracement from resistance level at 1.2380. MACD histogram that displays diminishing bullish momentum would suggest the pair to undergo short-term technical correction to trade lower before extending its bullish bias.
Resistance level: 1.2380, 1.2400
Support level: 1.2350, 1.2330