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GCMAsia - EURUSD
EURUSD
EURUSD
2017-05-04
Resistance and Support Level Explanation
Resistance 1.0950 H4
Support 1.0880 H4

EURUSD, H4: EURUSD remains traded within a sideways channel following prior retracement from the upper level of the channel. A closure below the support level of 1.0880 would suggest EURUSD to be traded lower in short-term towards the bottom level of the sideways channel.

 

Resistance level: 1.0950, 1.1000

Support level: 1.0880, 1.0850, 1.0800