GCMAsia - EURUSD
EURUSD
2018-04-25
| Resistance and Support | Level | Explanation |
| Resistance | 1.2240 | H1 |
| Support | 1.2160 | H1 |
EURUSD, H1: EURUSD was traded lower prior retracement from resistance level at 1.2240. Diminishing bullish momentum as shown by MACD would suggest the pair to extend its losses towards the support zone around 38.2 Fibonacci level.
Resistance level: 1.2240, 1.2290
Support level: 1.2160, 1.2050