GCMAsia - EURUSD

EURUSD
2018-10-23
| Resistance and Support | Level | Explanation |
| Resistance | 1.1495 | H4 |
| Support | 1.1445 | H4 |

EURUSD, H4: EURUSD was traded lower while currently testing near the support level 1.1445. MACD which illustrate bearish momentum and the formation of a death cross suggest the pair to extend its losses after a breakout below the support level.
Resistance level: 1.1495, 1.1540
Support level: 1.1445, 1.1420