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
2017-07-19
Resistance and Support Level Explanation
Resistance 1.1555 H1
Support 1.1530 H1

EURUSD, H1: EURUSD was traded lower following prior retracement from previous high at 1.1580. Recent closure below the 20-MA line (red) suggest EURUSD to extend its retracement towards the target of support level at 1.1530.

 

Resistance level: 1.1555, 1.1580

Support level: 1.1530, 1.1500