GCMAsia - EURUSD

EURUSD
2017-05-03
| Resistance and Support | Level | Explanation |
| Resistance | 1.0935 | H1 |
| Support | 1.0920 | H1 |

EURUSD, H1: EURUSD remains traded within a narrowing triangle while currently testing at the top level. A successful breakout from this level would signal a change in trend direction to move further upwards. Otherwise, a retrace from would suggest EURUSD to be traded lower within the triangle in short-term thereafter.
Resistance level: 1.0935, 1.0950
Support level: 1.0920, 1.0895