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GCMAsia - EURUSD
EURUSD
EURUSD
2017-08-28
Resistance and Support Level Explanation
Resistance 1.2100 Weekly
Support 1.1910 Weekly

EURUSD, Weekly: EURUSD received further bullish momentum after closing above the resistance level of 1.1910. Both moving average line which continues to expand upwards after the formation of golden cross suggest further upside bias towards the next target at 1.2100.

 

Resistance level: 1.2100, 1.2340

Support level: 1.1910, 1.1610