GCMAsia - 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