GCMAsia - EURUSD
EURUSD
2017-09-21
| Resistance and Support | Level | Explanation |
| Resistance | 1.1985 | H4 |
| Support | 1.1870 | H4 |
EURUSD, H4: EURUSD was traded lower after breaking below support level at 1.1985. The pair is currently testing resistance by 200-MA line around level 1.1870. Successful breaking below the said moving level coupled with death cross of MACD signal line suggests further downward momentum for the pair to trade lower, testing the next support level at 1.1820.
Resistance level: 1.1985, 1.2070
Support level: 1.1870, 1.1820