GCMAsia - EURUSD

EURUSD
2018-07-13
| Resistance and Support | Level | Explanation |
| Resistance | 1.1690 | H1 |
| Support | 1.1660 | H1 |

EURUSD, H1: EURUSD remains traded within a tight range that are subjected to 1.1660 and 1.1690. Stochastic Oscillator which illustrate rebound signal from the oversold region suggests the pair to be traded higher in short-term. Long-term trend direction can only be determined following a successful breakout from either side of the range.
Resistance level: 1.1690, 1.1725
Support level: 1.1660, 1.1630