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GCMAsia - EURUSD
EURUSD
EURUSD
2018-06-29
Resistance and Support Level Explanation
Resistance 1.1590 H1
Support 1.1550 H1

EURUSD, H1: EURUSD was traded higher after regaining its support at 1.1550. MACD histogram which begins to form a golden cross signal suggest the pair to extend its gains in short-term and retest near the downward trendline.

 

Resistance level: 1.1590, 1.1640

Support level: 1.1550, 1.1515