GCMAsia - EURUSD
EURUSD
2017-09-13
| Resistance and Support | Level | Explanation |
| Resistance | 1.2070 | H4 |
| Support | 1.1920 | H4 |
EURUSD, H4: EURUSD was traded higher following its rebound from support level at 1.1920. Formation of rising sun candlestick pattern and upward slope of MACD histogram suggests EURUSD to continue its momentum to trade higher, testing resistance level at 1.2070.
Resistance level: 1.2070, 1.2270
Support level: 1.1920, 1.1830