GCMAsia - EURUSD

EURUSD
2017-10-03
| Resistance and Support | Level | Explanation |
| Resistance | 1.1930 | Daily |
| Support | 1.1715 | Daily |

EURUSD, Daily: EURUSD remains under pressure following prior retracement before the 60-MA line (green). Both MA lines which continues to narrow downwards suggest the pair to extend its losses after successfully closing below the strong support level of 1.1715.
Resistance level: 1.1930, 1.2090
Support level: 1.1715, 1.1480