GCMAsia - EURUSD
EURUSD
2017-06-07
| Resistance and Support | Level | Explanation |
| Resistance | 1.1280 | H1 |
| Support | 1.1260 | H1 |
EURUSD, H1: EURUSD remained traded within an ascending triangle following prior retracement from the top level. It is suggested to move further down and test near the bottom level after breaking the support level of 1.1260. Any breakout from the bottom level of the triangle would signal a change in trend direction to move further downwards thereafter.
Resistance level: 1.1280, 1.1300
Support level: 1.1260, 1.1230, 1.1200