GCMAsia - EURUSD

EURUSD
2018-09-24
Resistance and Support | Level | Explanation |
Resistance | 1.1730 | H4 |
Support | 1.1690 | H4 |
EURUSD, H4: EURUSD was recently traded lower following prior breakout below the previous support level 1.1730. MACD which illustrate bearish momentum and the formation of a death cross suggest the pair to extend its losses towards the support level 1.1690.
Resistance level: 1.1730, 1.1760
Support level: 1.1690, 1.1645