GCMAsia - EURUSD

EURUSD
2017-05-11
| Resistance and Support | Level | Explanation |
| Resistance | 1.0945 | Daily |
| Support | 1.0860 | Daily |

EURUSD, Daily: EURUSD remains traded within an upward channel while recently retraced from the resistance level of 1.1020. A closure below the strong support level of 1.0860 will suggest EURUSD to advance further down, towards the lower level of the upward channel.
Resistance level: 1.0945, 1.1020
Support level: 1.0860, 1.0760