GCMAsia - EURUSD
EURUSD
2018-08-24
| Resistance and Support | Level | Explanation |
| Resistance | 1.1580 | H1 |
| Support | 1.1530 | H1 |
EURUSD, H1: EURUSD was traded higher following prior rebound from the support level 1.1530. Recent price action and MACD which display diminished bearish momentum suggest the pair to extend its gains in accordance with its major trend towards the resistance level 1.1580.
Resistance level: 1.1580, 1.1625
Support level: 1.1530, 1.1485