GCMAsia - EURUSD
EURUSD
2018-07-31
| Resistance and Support | Level | Explanation |
| Resistance | 1.1720 | H4 |
| Support | 1.1700 | H4 |
EURUSD, H4: EURUSD was traded higher following prior rebound from the support level near 1.1700. However, MACD histogram which illustrate diminishing upward momentum suggests the pair to be traded lower in short-term as technical correction.
Resistance level: 1.1720, 1.1740
Support level: 1.1700, 1.1685