GCMAsia - EURUSD
EURUSD
2017-06-01
| Resistance and Support | Level | Explanation |
| Resistance | 1.1255 | H1 |
| Support | 1.2225 | H1 |
EURUSD, H1: EURUSD has recently broke out from the top level of downward channel, signaling a change in trend direction to move further upwards. As both MA lines continue to expand upwards, a successful closure above the resistance level of 1.1255 would suggest an extension of uptrend for EURUSD.
Resistance level: 1.1255, 1.1280
Support level: 1.1225, 1.1200