GCMAsia - EURUSD
EURUSD
2017-08-15
| Resistance and Support | Level | Explanation |
| Resistance | 1.1780 | H4 |
| Support | 1.1720 | H4 |
EURUSD, H4: EURUSD remains traded within a narrowing triangle following prior retracement from the top level. MACD indicator which shows diminishing upward momentum suggests EURUSD to advance further down, towards the bottom level of the triangle in short-term.
Resistance level: 1.1780, 1.1840
Support level: 1.1720, 1.1650