83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia - EURUSD
EURUSD
EURUSD
2018-10-18
Resistance and Support Level Explanation
Resistance 1.1525 H4
Support 1.1470 H4

EURUSD, H4: EURUSD was traded lower following prior breakout from the previous support level at 1.1525. MACD which illustrate bearish momentum suggest the pair to be extend its losses toward the support level at 1.1470.

Resistance level: 1.1525, 1.1605

Support level: 1.1470, 1.1430