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GCMAsia - EURUSD
EURUSD
EURUSD
2017-10-25
Resistance and Support Level Explanation
Resistance 1.1785 H1
Support 1.1735 H1

EURUSD, H1: EURUSD was traded lower prior retracement from resistance level at 1.1785. Formation of dark cloud cover candlestick pattern suggests the pair to trade lower in short-term but with lesser momentum due to absence of obvious signal from MACD histogram.

Resistance level: 1.1785, 1.1825

Support level: 1.1735, 1.1680