GCMAsia - EURUSD
EURUSD
2018-05-16
| Resistance and Support | Level | Explanation |
| Resistance | 1.1840 | H1 |
| Support | 1.1770 | H1 |
EURUSD, H1: EURUSD was traded lower after breaking support level at 1.1840. However, golden-cross as displayed by MACD signal line would suggest the pair to undergo short-term technical correction to trade higher before continuing its downside bias.
Resistance level: 1.1840, 1.1900
Support level: 1.1770, 1.1720