GCMAsia - EURUSD
EURUSD
2017-06-13
| Resistance and Support | Level | Explanation |
| Resistance | 1.1230 | H4 |
| Support | 1.1180 | H4 |
EURUSD, H4: EURUSD was traded lower following prior retracement from the strong resistance level at 1.1230. The recent formation of death cross by both MA line suggests further downside bias for EURUSD to extend its losses, towards the target of support level at 1.1180.
Resistance level: 1.1230, 1.1285
Support level: 1.1180, 1.1115