GCMAsia - EURUSD

EURUSD
2018-06-27
| Resistance and Support | Level | Explanation |
| Resistance | 1.1710 | H4 |
| Support | 1.1645 | H4 |

EURUSD, H4: EURUSD was traded lower following prior rejection from the resistance level of 1.1710. MACD histogram which illustrate the formation of death cross suggests further bearish bias. However, a close below the support of 1.1645 is required to attain further confirmation.
Resistance level: 1.1710, 1.1820
Support level: 1.1645, 1.1550