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GCMAsia - EURUSD
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