GCMAsia - EURUSD

EURUSD
2018-03-14
| Resistance and Support | Level | Explanation |
| Resistance | 1.2440 | H1 |
| Support | 1.2380 | H1 |
EURUSD, H1: EURUSD was traded higher prior breaking resistance level at 1.2380. However, MACD signal line that portrays a death-cross would suggest the pair to undergo short-term technical correction to trade lower before continuing its bullish bias.
Resistance level: 1.2440, 1.2500
Support level: 1.2380, 1.2340