GCMAsia - EURUSD
EURUSD
2017-08-18
| Resistance and Support | Level | Explanation |
| Resistance | 1.1780 | H4 |
| Support | 1.1720 | H4 |
EURUSD, H4: EURUSD remains traded within a downward channel following prior retracement from the 20-MA line (red). A successful closure below the strong support level of 1.1720 would suggest further downside bias towards the next target at 1.1650.
Resistance level: 1.1780, 1.1840
Support level: 1.1720, 1.1650