GCMAsia - EURUSD

EURUSD
2018-03-21
| Resistance and Support | Level | Explanation |
| Resistance | 1.2290 | H1 |
| Support | 1.2240 | H1 |

EURUSD, H1: EURUSD was traded higher after breaking resistance level at 1.2240. MACD histogram that portrays diminishing bearish momentum would suggest the pair to undergo short-term technical correction to extend higher before continuing its bearish bias.
Resistance level: 1.2290, 1.2300
Support level: 1.2240, 1.2210