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GCMAsia - EURUSD
EURUSD
EURUSD
2017-10-02
Resistance and Support Level Explanation
Resistance 1.1865 Daily
Support 1.1680 Daily

EURUSD, Daily: EURUSD was traded higher following prior rebound while remained pressured below both MA lines. Both lines which continues to narrow downwards suggests further downside bias for the pair to extend its losses towards the support level of 1.1680.

 

Resistance level: 1.1865, 1.2090

Support level: 1.1680, 1.1425