GCMAsia - EURUSD
EURUSD
2017-04-21
| Resistance and Support | Level | Explanation |
| Resistance | 1.0735 | H1 |
| Support | 1.0710 | H1 |
EURUSD, H1: EURUSD was traded lower following prior retracement from previous high of 1.0775. With regards to the MACD histogram which illustrates moderate downward signal and momentum, EURUSD is expected to move further downwards after breaking the support level of 1.0710.
Resistance level: 1.0735, 1.0775
Support level: 1.0710, 1.0690