GCMAsia - EURUSD
EURUSD
2018-04-26
| Resistance and Support | Level | Explanation |
| Resistance | 1.2240 | H1 |
| Support | 1.2160 | H1 |
EURUSD, H1: EURUSD was traded higher prior gaining its support at 38.2 Fibonacci level. Golden-cross as shown by MACD signal line would suggest the pair to undergo short-term technical correction to trade higher before continuing its bearish bias.
Resistance level: 1.2240, 1.2290
Support level: 1.2160, 1.2050