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GCMAsia - EURUSD
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