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GCMAsia - EURUSD
EURUSD
EURUSD
2017-06-21
Resistance and Support Level Explanation
Resistance 1.1140 H4
Support 1.1100 H4

EURUSD, H4: EURUSD remained traded within a downward channel following prior rebound from the bottom level. It is suggested to be traded higher in short-term, towards the resistance level of 1.1140. EURUSD is expected to be traded within the downward channel unless a breakout occurs from either side of the channel.

 

Resistance level: 1.1140, 1.1190

Support level: 1.1100, 1.1055