GCMAsia - EURUSD

EURUSD
2017-05-05
| Resistance and Support | Level | Explanation |
| Resistance | 1.1000 | H4 |
| Support | 1.0950 | H4 |

EURUSD, H4: EURUSD has recently slipped from the top level of ascending triangle, signaling a change in trend direction to move further upwards. It is expected to extend its upward momentum after breaking the psychological level at 1.1000.
Resistance level: 1.1000, 1.1050
Support level: 1.0950, 1.0880