GCMAsia - EURUSD

EURUSD
2017-06-09
Resistance and Support | Level | Explanation |
Resistance | 1.1285 | H4 |
Support | 1.1180 | H4 |
EURUSD, H4: EURUSD has recently broke the upward trend line, signaling a change in trend direction to move further downwards. Both MA lines which continues to narrow downward suggests EURUSD to extend its losses after breaking the support level of 1.1180.
Resistance level: 1.1285, 1.1330
Support level: 1.1180, 1.1115