GCMAsia - EURUSD

EURUSD
2018-07-24
| Resistance and Support | Level | Explanation |
| Resistance | 1.1710 | H4 |
| Support | 1.1675 | H4 |

EURUSD. H4: EURUSD was traded lower following prior retracement from the strong resistance near 1.1750. MACD histogram which begins to form a bearish signal suggests further downside bias. However, a close below 1.1675 is required to attain further confirmation.
Resistance level: 1.1710, 1.1750
Support level: 1.1675, 1.1640