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GCMAsia - EURUSD
EURUSD
EURUSD
2017-07-20
Resistance and Support Level Explanation
Resistance 1.1530 H1
Support 1.1500 H1

EURUSD, H1: EURUSD was traded lower following prior retracement from the resistance level at 1.1530. Recent formation of death cross by both MA line suggest further downside bias for EURUSD to head towards the support level at 1.1500.

 

Resistance level: 1.1530, 1.1555

Support level: 1.1500, 1.1475