GCMAsia - EURUSD

EURUSD
2018-12-19
Resistance and Support | Level | Explanation |
Resistance | 1.1395 | H4 |
Support | 1.1355 | H4 |
EURUSD, H4: EURUSD was trading higher following recent rebound from the support level 1.1355. MACD which illustrate diminishing bullish momentum suggest the pair to undergo technical correction in short term and retrace from the nearby resistance level 1.1395.
Resistance level: 1.1395, 1.1440
Support level: 1.1355, 1.1310