GCMAsia - EURUSD

EURUSD
2018-12-28
| Resistance and Support | Level | Explanation |
| Resistance | 1.1475 | H4 |
| Support | 1.1430 | H4 |

EURUSD, H4: EURUSD was traded higher following prior breakout above previous resistance level at 1.1430. MACD which illustrate bullish momentum and the formation of golden cross suggest the pair to extend its gains towards the resistance level 1.1475.
Resistance level: 1.1475, 1.1540
Support level: 1.1430, 1.1385