GCMAsia - EURUSD

EURUSD
2018-10-16
| Resistance and Support | Level | Explanation |
| Resistance | 1.1605 | H1 |
| Support | 1.1545 | H1 |

EURUSD, H1: EURUSD was traded lower following prior retracement from the resistance level at 1.1605. MACD which illustrate bearish momentum and formation of death cross suggest the pair to extend its losses toward the support level at 1.1545.
Resistance level: 1.1605, 1.1665
Support level: 1.1545, 1.1525