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GCMAsia - EURUSD
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