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200318 EURUSD

by | Mar 20, 2018 | EUR/USD | 0 comments

GCMAsia - EURUSD
EURUSD
EURUSD
2018-03-20
Resistance and Support Level Explanation
Resistance 1.2350 H4
Support 1.2300 H4

EURUSD, H4: EURUSD was traded higher after breaking resistance level at 1.2300. MACD histogram that portrays increasing bullish momentum would suggest the pair to extend its gains if breakout at the resistance by 200-MA line is successful.

Resistance level: 1.2350, 1.2400

Support level: 1.2300, 1.2250