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GCMAsia - EURUSD
EURUSD
EURUSD
2017-07-12
Resistance and Support Level Explanation
Resistance 1.1480 H4
Support 1.1440 H4

EURUSD, H4: EURUSD has recently broke out from the top level of ascending triangle, signaling a change in trend direction to move further upwards. A closure above the level of 1.1480 would suggest EURUSD to extend its upward momentum towards the next target at 1.1530.

 

Resistance level: 1.1480, 1.1530

Support level: 1.1440, 1.1385, 1.1330