GCMAsia - EURUSD

EURUSD
2017-07-31
| Resistance and Support | Level | Explanation |
| Resistance | 1.1880 | Daily |
| Support | 1.1700 | Daily |

EURUSD, Daily: EURUSD extended its uptrend following prior closure above the strong resistance level at 1.1700. MACD which illustrates a substantial increase in upward momentum suggests further upside bias for EURUSD to extend towards 1.1880.
Resistance level: 1.1880, 1.2000
Support level: 1.1700, 1.1550