GCMAsia - EURUSD
EURUSD
2017-08-22
| Resistance and Support | Level | Explanation |
| Resistance | 1.1840 | H4 |
| Support | 1.1780 | H4 |
EURUSD, H4: EURUSD has recently broke out from the top level of downward channel, signaling a change in trend direction to move further upwards. MACD histogram which illustrates positive divergence signal suggest EURUSD to advance further up and retest at the target of 1.1840.
Resistance level: 1.1840, 1.1890
Support level: 1.1780, 1.1720