GCMAsia - EURUSD

EURUSD
2019-01-22
| Resistance and Support | Level | Explanation |
| Resistance | 1.1380 | H1 |
| Support | 1.1330 | H1 |

EURUSD, H1: EURUSD was traded lower following prior retrace from the upper level of descending channel. MACD which begins to form a death cross signal suggests the pair to extend its losses, towards the lower level of the channel.
Resistance level: 1.1380, 1.1420
Support level: 1.1330, 1.1310