GCMAsia - EURUSD
EURUSD
2017-05-26
| Resistance and Support | Level | Explanation |
| Resistance | 1.1195 | H1 |
| Support | 1.1170 | H1 |
EURUSD, H1: EURUSD remained traded within a descending triangle following prior retrace from the top level. Recent closure below the support level of 1.1195 suggests EURUSD to move further downwards, towards the target of support level of 1.1170 in short-term.
Resistance level: 1.1195, 1.1220
Support level: 1.1170, 1.1150