GCMAsia - EURUSD

EURUSD
2018-04-18
| Resistance and Support | Level | Explanation |
| Resistance | 1.2380 | H1 |
| Support | 1.2350 | H1 |

EURUSD, H1: EURUSD was traded higher after breaking resistance level at 1.2350. However, MACD that portrays decreasing bullish momentum would suggest the pair to undergo short-term technical correction to trade lower towards its previous high.
Resistance level: 1.2380, 1.2400
Support level: 1.2350, 1.2330