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GCMAsia - EURUSD
EURUSD
EURUSD
2017-06-23
Resistance and Support Level Explanation
Resistance 1.1170 H4
Support 1.1140 H4

EURUSD, H4: EURUSD remained traded within a downward channel while recently rebounded from the strong support level of 1.1140. Recent closure above the 20-moving average line (red) suggests EURUSD to advance further up and retest at the resistance level of 1.1170.

 

Resistance level: 1.1170, 1.1190

Support level: 1.1140, 1.1100