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GCMAsia - EURUSD
EURUSD
EURUSD
2018-06-26
Resistance and Support Level Explanation
Resistance 1.1710 H4
Support 1.1645 H4

EURUSD, H4: EURUSD extended gains following prior breakout from the top level of sideways channel. MACD histogram which continues to illustrate persistent upward signal suggests further bullish bias. Thus, a close above the target at 1.1710 would provide further validation.

 

Resistance level: 1.1710, 1.1820

Support level: 1.1645, 1.1550