GCMAsia - EURUSD
EURUSD
2017-05-16
| Resistance and Support | Level | Explanation |
| Resistance | 1.1020 | H4 |
| Support | 1.0930 | H4 |
EURUSD, H4: EURUSD extended its gains following prior closure above both moving average line after a rebound from 1.0860. MACD histogram which continues to illustrate upward signal suggests EURUSD to advance further up, towards the resistance level of 1.1020.
Resistance level: 1.1020, 1.1075
Support level: 1.0930, 1.0860