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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia -EURUSD
EURUSD
EURUSD
2017-10-20
Resistance and Support Level Explanation
Resistance 1.1870 H1
Support 1.1785 H1

EURUSD, H1:  EURUSD was traded lower after breaking support level at 1.1825. Successful closure of candlestick below the said support level and increasing bearish MACD histogram suggest the pair to extend losses toward support by 200-MA line.

 

Resistance level: 1.1870, 1.1905

Support level: 1.1785, 1.1735