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GCMAsia - EURUSD
EURUSD
EURUSD
2018-06-28
Resistance and Support Level Explanation
Resistance 1.1640 H1
Support 1.1550 H1

EURUSD, H1: EURUSD was traded higher after regaining its support from the threshold of 1.1550. MACD histogram which illustrate diminished downward momentum may suggest the pair to be traded higher in short-term as technical correction before extending its major bearish trending.

 

Resistance level: 1.1640, 1.1710

Support level: 1.1550, 1.1445