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110817 EURUSD

by | Aug 11, 2017 | EUR/USD | 0 comments

GCMAsia - EURUSD
EURUSD
EURUSD
2017-08-11
Resistance and Support Level Explanation
Resistance 1.1780 H4
Support 1.1720 H4

EURUSD, H4: EURUSD was traded lower following prior retracement from the resistance level of 1.1780. A successful closure below the 20-MA line (red) would suggest EURUSD to extend its losses towards the next target at 1.1720.

 

Resistance level: 1.1780, 1.1840, 1.1900

Support level: 1.1720, 1.1650, 1.1575