GCMAsia - EURUSD
EURUSD
2017-03-31
| Resistance and Support | Level | Explanation |
| Resistance | 1.0700 | H4 |
| Support | 1.0650 | H4 |
EURUSD, H4: EURUSD extended its losses following prior breakout from the lower level of upward channel while recently closed below the strong support level of 1.0700. As the downward signal line from MACD histogram continues to expand downwards, EURUSD is expected to advance towards the target of support level at 1.0650.
Resistance level: 1.0700, 1.0745
Support level: 1.0650, 1.0580