GCMAsia - EURUSD
EURUSD
2018-03-29
| Resistance and Support | Level | Explanation |
| Resistance | 1.2330 | H1 |
| Support | 1.2290 | H1 |
EURUSD, H1: EURUSD was traded lower after breaking support level at 1.2330. However, MACD histogram that portrays diminishing bearish momentum would suggest the pair to undergo short- term technical correction to trade higher before continuing its bearish bias.
Resistance level: 1.2330, 1.2350
Support level: 1.2290, 1.2260