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GCMAsia - EURUSD
EURUSD
EURUSD
2018-07-12
Resistance and Support Level Explanation
Resistance 1.1690 H1
Support 1.1660 H1

EURUSD, H1: EURUSD was traded lower following prior retracement from the resistance level near 1.1760. MACD histogram which illustrate diminishing downward momentum suggests the pair to experience technical correction before extending its bearish bias.

 

Resistance level: 1.1690, 1.1725

Support level: 1.1660, 1.1630