GCMAsia - 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