GCMAsia - EURUSD

EURUSD
2018-11-14
| Resistance and Support | Level | Explanation |
| Resistance | 1.1330 | H1 |
| Support | 1.1280 | H1 |

EURUSD, H1: EURUSD extended gains following prior breakout from the downward trendline. However, MACD which illustrate diminishing upward momentum suggests the pair to be traded lower in short-term as technical correction.
Resistance level: 1.1330, 1.1385
Support level: 1.1280, 1.1240