GCMAsia - EURUSD
EURUSD
2017-05-19
| Resistance and Support | Level | Explanation |
| Resistance | 1.1170 | H4 |
| Support | 1.1080 | H4 |
EURUSD, H4: EURUSD was traded lower following prior retracement from previous high of 1.1170. As the MACD histogram begins to illustrate downward signal and momentum, it is expected to advance further down and retest near the support level of 1.1080.
Resistance level: 1.1170, 1.1250
Support level: 1.1080, 1.1020