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310517 EURUSD

by | May 31, 2017 | EUR/USD | 0 comments

GCMAsia - EURUSD
EURUSD
EURUSD
2017-05-31
Resistance and Support Level Explanation
Resistance 1.1190 H1
Support 1.1170 H1

EURUSD, H1: EURUSD remained traded within a downward channel while recently rebounded from the support level of 1.1170. Stochastic Oscillator which begins to illustrate rebound signal from the oversold region suggests EURUSD to be traded higher towards the target of resistance level at 1.1190.

 

Resistance level: 1.1190, 1.1205

Support level: 1.1170, 1.1145