GCMAsia - EURUSD
EURUSD
2017-03-22
| Resistance & Support | Level | Explanation |
| Resistance | 1.0820 | H1 |
| Support | 1.0775 | H1 |
EURUSD, H1: EURUSD was traded lower following a retrace from the strong resistance level of 1.0820. Referring to the MACD histogram, recent formation of downward signal and momentum suggests EURUSD to be traded lower, towards the target of support level at 1.0775.
Resistance level: 1.0820, 1.0860
Support level: 1.0775, 1.0730