GCMAsia - EURUSD

EURUSD
2017-05-09
| Resistance and Support | Level | Explanation |
| Resistance | 1.0950 | H4 |
| Support | 1.0880 | H4 |

EURUSD, H4: EURUSD remains traded within an upward channel following prior retracement from the top level of the channel. A closure below the 60-moving average line (green) would suggest EURUSD to advance further down, towards the bottom level of the upward channel.
Resistance level: 1.0950, 1.1000
Support level: 1.0880, 1.0815