GCMAsia - EURUSD
EURUSD
2017-03-30
| Resistance and Support | Level | Explanation |
| Resistance | 1.0805 | H4 |
| Support | 1.0745 | H4 |
EURUSD, H4: EURUSD has recently broke out from the bottom level of upward channel, signalling a change in trend direction to move further downwards. As the downward signal from MACD histogram continues to expand downwards, EURUSD is expected to extend its losses after breaking the support level of 1.0745.
Resistance level: 1.0805, 1.0905
Support level: 1.0745, 1.0700