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200618 EURUSD

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

GCMAsia - EURUSD
EURUSD
EURUSD
2018-06-20
Resistance and Support Level Explanation
Resistance 1.1645 H1
Support 1.1550 H1

EURUSD, H1: EURUSD remains traded within a sideways channel while recently retraced from the 60-MA line (green). MACD histogram which illustrate diminishing upward momentum suggests the pair to extend its losses after closing below the 20-MA line (red).

 

Resistance level: 1.1645, 1.1710

Support level: 1.1550, 1.1445