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GCMAsia - EURUSD
EURUSD
EURUSD
2017-10-18
Resistance and Support Level Explanation
Resistance 1.1815 H1
Support 1.1735 H1

EURUSD, H1: EURUSD was traded higher prior its rebound from support level at 1.1735. Formation of pin bar and positive divergence as shown by MACD signal line suggest the pair to continue its momentum to trade higher toward resistance by 200-MA line.

Resistance level: 1.1815, 1.1870

Support level: 1.1735, 1.1680