GCMAsia - EURUSD
EURUSD
2018-05-31
| Resistance and Support | Level | Explanation |
| Resistance | 1.1700 | H1 |
| Support | 1.1600 | H1 |
EURUSD, H1: EURUSD was traded higher following prior breakout from the downward trendline. However, MACD histogram which illustrate diminishing upward momentum may suggests the pair to be traded lower in short-term as technical correction, towards the direction of 20-MA line (red).
Resistance level: 1.1700, 1.1750
Support level: 1.1600, 1.1500