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GCMAsia - EURUSD
EURUSD
EURUSD
2017-08-25
Resistance and Support Level Explanation
Resistance 1.1820 H1
Support 1.1780 H1

EURUSD, H1: EURUSD remained under pressure following prior retracement before the strong resistance level of 1.1820. A closure below the 60-MA line (green) would suggest EURUSD to advance further down, and retest near the support level of 1.1780.

 

Resistance level: 1.1820, 1.1845

Support level: 1.1780, 1.1750