GCMAsia - EURUSD

EURUSD
2018-05-17
| Resistance and Support | Level | Explanation |
| Resistance | 1.1840 | H4 |
| Support | 1.1780 | H4 |

EURUSD, H4: EURUSD was traded higher prior its failure to break support level at 1.1780. MACD signal line that shows diminishing bearish momentum would suggest the pair to extend its gains towards the resistance level at 1.1840.
Resistance level: 1.1840, 1.1920
Support level: 1.1780, 1.1680