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GCMAsia - EURUSD
EURUSD
EURUSD
2017-06-20
Resistance and Support Level Explanation
Resistance 1.1170 H4
Support 1.1140 H4

EURUSD, H4: EURUSD remained traded within an upward channel while currently testing at the bottom level. As Stochastic Oscillator begins to illustrate rebound signal from oversold region, a successful rebound from this level would suggests EURUSD to advance towards the target of resistance level at 1.1170.

 

Resistance level: 1.1170, 1.1200

Support level: 1.1140, 1.1100