GCMAsia - EURUSD

EURUSD
2017-09-20
| Resistance and Support | Level | Explanation |
| Resistance | 1.2070 | H4 |
| Support | 1.1985 | H4 |

EURUSD, H4: EURUSD was traded higher prior its breakout above resistance level at 1.1985. Upward slope of MACD signal line suggests the pair to continue its momentum to trade higher toward the resistance level at 1.2070.
Resistance level: 1.2070, 1.2265
Support level: 1.1985, 1.1820