GCMAsia - EURUSD
EURUSD
2017-05-15
| Resistance and Support | Level | Explanation |
| Resistance | 1.1020 | Daily |
| Support | 1.0920 | Daily |
EURUSD, Daily: EURUSD remains traded within an upward channel while recently rebounded near the strong support level of 1.0820. As the Stochastic Oscillator illustrates a rebound signal from the oversold region, EURUSD is expected to advance further up, towards the target of resistance level at 1.1020.
Resistance level: 1.1020, 1.1120
Support level: 1.0920, 1.0820