GCMAsia - EURUSD

EURUSD
2019-01-24
| Resistance and Support | Level | Explanation |
| Resistance | 1.1405 | H1 |
| Support | 1.1380 | H1 |

EURUSD, H1: EURUSD was traded lower following prior retracement from the downward trendline. MACD which begins to form a death cross signal suggests the pair to extend its losses after closing below the target of 1.1380.
Resistance level: 1.1405, 1.1420
Support level: 1.1380, 1.1370