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250718 EURUSD

by | Jul 25, 2018 | EUR/USD | 0 comments

GCMAsia - EURUSD
EURUSD
EURUSD
2018-07-25
Resistance and Support Level Explanation
Resistance 1.1710 H1
Support 1.1675 H1

EURUSD, H1: EURUSD remains traded within a narrowing triangle following recent rebound from the lower level. Due to the lack of signal from price action and MACD histogram, it is suggested to wait for a breakout from either side of the triangle before entering the market.

 

Resistance level: 1.1710, 1.1750

Support level: 1.1675, 1.1640