GCMAsia - EURUSD

EURUSD
2018-07-17
| Resistance and Support | Level | Explanation |
| Resistance | 1.1725 | H1 |
| Support | 1.1690 | H1 |

EURUSD, H1: EURUSD was traded lower following prior retracement from the resistance level at 1.1725. MACD histogram which begins to form a bearish signal suggests the pair to extend its losses after closing below the 20-MA line (red).
Resistance level: 1.1725, 1.1760
Support level: 1.1690, 1.1660