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041017 EURUSD

by | Oct 4, 2017 | EUR/USD | 0 comments

GCMAsia - EURUSD
EURUSD
EURUSD
2017-10-04
Resistance and Support Level Explanation
Resistance 1.1795 H4
Support 1.1745 H4

EURUSD, H4: EURUSD remains traded within a downward channel following prior rebound from the bottom level of the channel. A closure above the 20-MA line (red) may suggest the pair to advance further up in short-term, towards the target of 1.1795.

 

Resistance level: 1.1795, 1.1850

Support level: 1.1745, 1.1700