GCMAsia - EURUSD
EURUSD
2017-06-19
| Resistance and Support | Level | Explanation |
| Resistance | 1.1285 | Daily |
| Support | 1.1130 | Daily |
EURUSD, Daily: EURUSD remained traded within a range of 1.1130 and 1.1285 while recently retraced from the 20-moving average line (red). It is suggested to fallback towards the lower level of the range in short-term, heading towards the target of 1.1130. Long-term trend direction could only be determined after a successful closure at either side of the range.
Resistance level: 1.1285, 1.1400
Support level: 1.1130, 1.1000