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GCMAsia - EURUSD
EURUSD
EURUSD
2017-09-06
Resistance and Support Level Explanation
Resistance 1.1925 H1
Support 1.1885 H1

EURUSD, H1: EURUSD remains traded within an ascending triangle following prior retrace from the strong resistance level of 1.1925. Stochastic Oscillator which begins to illustrate a retracement signal suggests EURUSD to be traded lower in short-term, towards the lower level of the triangle.

 

Resistance level: 1.1925, 1.1950, 1.1980

Support level: 1.1885, 1.1855