GCMAsia - EURUSD
EURUSD
2019-01-29
| Resistance and Support | Level | Explanation |
| Resistance | 1.1480 | H4 |
| Support | 1.1420 | H4 |
EURUSD, H4: EURUSD was traded higher following recent breakout above the previous resistance level 1.1420. However, MACD which illustrate diminishing bullish momentum suggest the pair to experience a short term technical correction towards the support level 1.1420.
Resistance level: 1.1480, 1.1565
Support level: 1.1420, 1.1350