GCMAsia - EURUSD

EURUSD
2017-10-12
| Resistance and Support | Level | Explanation |
| Resistance | 1.1870 | H4 |
| Support | 1.1820 | H4 |

EURUSD, H4: EURUSD was traded higher prior its breakout above resistance level at 1.1820. The pair is currently testing resistance by 200-MA line and resistance level at 1.1870. Successful breakout above the said resistance level will indicate the pair to continue its bullish momentum to trade higher toward the resistance level at 1.1990.
Resistance level: 1.1870, 1.1990
Support level: 1.1820, 1.1775