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GCMAsia - EURUSD
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