GCMAsia - EURUSD
EURUSD
2018-02-28
| Resistance and Support | Level | Explanation |
| Resistance | 1.2310 | H4 |
| Support | 1.2160 | H4 |
EURUSD, H4: EURUSD was traded lower prior breaking support level at 1.2310. Arrangement of bearish candlesticks and MACD histogram that portrays increasing bearish momentum would suggest the pair to continue its downside bias towards the support level at 1.2160.
Resistance level: 1.2310, 1.2390
Support level: 1.2160, 1.2050