GCMAsia - EURUSD
|Resistance and Support||Level||Explanation|
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