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GCMAsia - EURUSD
EURUSD
EURUSD
2017-06-30
Resistance and Support Level Explanation
Resistance 1.1445 H1
Support 1.1410 H1

EURUSD, H1: EURUSD was traded in an uptrend while currently remained thinly traded near the strong resistance level of 1.1445. MACD indicator which hovers outside of upward momentum suggests EURUSD to continue oscillate within the range of 1.1410 and 1.1445 in short-term as retracement period. Otherwise, long-term trend direction suggests EURUSD to extend its upward momentum.

 

Resistance level: 1.1445, 1.1480

Support level: 1.1410, 1.1370