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GCMAsia - EURUSD
EURUSD
EURUSD
2017-07-28
Resistance and Support Level Explanation
Resistance 1.1720 H4
Support 1.1620 H4

EURUSD, H4: EURUSD were traded higher following prior rebound while closing above the 20-MA line (red). Such price movement suggests EURUSD to be traded higher and retest at the resistance level of 1.1720.

 

Resistance level: 1.1720, 1.1815

Support level: 1.1620, 1.1540