GCMAsia - EURUSD

EURUSD
2017-08-14
| Resistance and Support | Level | Explanation |
| Resistance | 1.1880 | Daily |
| Support | 1.1700 | Daily |

EURUSD, Daily: EURUSD pared its prior losses following a rebound from the 20-MA line (red). Both lines which continues to expand upwards suggest EURUSD to advance further up and retest at the strong resistance level of 1.1880.
Resistance level: 1.1880, 1.2000
Support level: 1.1700, 1.1550