GCMAsia - 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