GCMAsia - EURUSD

EURUSD
2017-05-04
| Resistance and Support | Level | Explanation |
| Resistance | 1.0950 | H4 |
| Support | 1.0880 | H4 |

EURUSD, H4: EURUSD remains traded within a sideways channel following prior retracement from the upper level of the channel. A closure below the support level of 1.0880 would suggest EURUSD to be traded lower in short-term towards the bottom level of the sideways channel.
Resistance level: 1.0950, 1.1000
Support level: 1.0880, 1.0850, 1.0800