GCMAsia - EURUSD

EURUSD
2018-12-18
| Resistance and Support | Level | Explanation |
| Resistance | 1.1360 | H1 |
| Support | 1.1310 | H1 |

EURUSD, H1: EURUSD was traded lower following prior retracement from the upper level of downward channel. MACD which begins to form a death cross signal suggests the pair to be traded lower after closing below the 20-MA line (red).
Resistance level: 1.1360, 1.1410
Support level: 1.1310, 1.1265