83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia - EURUSD
EURUSD
EURUSD
2017-06-14
Resistance and Support Level Explanation
Resistance 1.1225 H4
Support 1.1160 H4

EURUSD, H4: EURUSD was traded higher following prior rebound from the upward trend line. Recent closure above the 20-moving average line (red) suggests EURUSD to advance further up, and retest near the strong resistance level of 1.1225.

 

Resistance level: 1.1225, 1.1280

Support level: 1.1160, 1.1100