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GCMAsia - EURUSD
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