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GCMAsia - EURUSD
EURUSD
EURUSD
2017-10-27
Resistance and Support Level Explanation
Resistance 1.1680 H4
Support 1.1615 H4

EURUSD, H4: EURUSD was traded lower after breaking support level at 1.1680. Bearish arrangement of candlesticks and MACD histogram that shows increasing downward momentum suggest the pair to extend losses toward the next support level at 1.1615.

Resistance level: 1.1680, 1.1735

Support level: 1.1615, 1.1475