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GCMAsia - EURUSD
EURUSD
EURUSD
2018-06-12
Resistance and Support Level Explanation
Resistance 1.1790 H1
Support 1.1740 H1

EURUSD, H1: EURUSD was traded lower following prior breakout from the bottom level of narrowing triangle. MACD histogram which illustrate downward signal suggests the pair to extend its losses after breaking the strong support at 1.1740.

 

Resistance level: 1.1790, 1.1830

Support level: 1.1740, 1.1705