GCMAsia - EURUSD

EURUSD
2017-07-20
| Resistance and Support | Level | Explanation |
| Resistance | 1.1530 | H1 |
| Support | 1.1500 | H1 |

EURUSD, H1: EURUSD was traded lower following prior retracement from the resistance level at 1.1530. Recent formation of death cross by both MA line suggest further downside bias for EURUSD to head towards the support level at 1.1500.
Resistance level: 1.1530, 1.1555
Support level: 1.1500, 1.1475