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200718 EURUSD

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

GCMAsia - EURUSD
EURUSD
EURUSD
2018-07-20
Resistance and Support Level Explanation
Resistance 1.1680 H4
Support 1.1645 H4

EURUSD, H4: EURUSD remains traded within a descending wedge following prior rebound from the bottom level. MACD histogram which illustrate bullish signal suggests the pair to extend its gains after closing above the 20-MA line (red).

 

Resistance level: 1.1680, 1.1720

Support level: 1.1645, 1.1590