GCMAsia - EURUSD

EURUSD
2017-08-07
| Resistance and Support | Level | Explanation |
| Resistance | 1.1880 | Daily |
| Support | 1.1700 | Daily |

EURUSD, Daily: EURUSD halts its ascend following prior retracement from the recent high of 1.1880. However, as both moving average line continues to expand upwards, EURUSD is expected to advance further up and retest at the resistance level of 1.1880.
Resistance level: 1.1880, 1.2000
Support level: 1.1700, 1.1550