GCMAsia - 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