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GCMAsia - EURUSD
EURUSD
EURUSD
2017-05-08
Resistance and Support Level Explanation
Resistance 1.1020 Daily
Support 1.0920 Daily

EURUSD, Daily: EURUSD remains traded within an upward channel while recently retraced from the resistance level of 1.1020. Recent retracement suggests EURUSD to be traded lower towards the target of support level at 1.0920.

 

Resistance level: 1.1020, 1.1120

Support level: 1.0920, 1.0820