GCMAsia - EURUSD

EURUSD
2018-10-16
| Resistance and Support | Level | Explanation |
| Resistance | 1.1605 | H4 |
| Support | 1.1570 | H4 |

EURUSD, H4: EURUSD was traded higher following prior rebound from the lower level. MACD which begins to form a golden cross signal suggests the pair to be traded higher in short-term, towards the resistance of 1.1605.
Resistance level: 1.1605, 1.1675
Support level: 1.1570, 1.1550