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GCMAsia - EURUSD
EURUSD
EURUSD
2017-05-03
Resistance and Support Level Explanation
Resistance 1.0935 H1
Support 1.0920 H1

EURUSD, H1: EURUSD remains traded within a narrowing triangle while currently testing at the top level. A successful breakout from this level would signal a change in trend direction to move further upwards. Otherwise, a retrace from would suggest EURUSD to be traded lower within the triangle in short-term thereafter.

 

Resistance level: 1.0935, 1.0950

Support level: 1.0920, 1.0895