GCMAsia - EURUSD

EURUSD
2017-08-04
| Resistance and Support | Level | Explanation |
| Resistance | 1.1900 | H4 |
| Support | 1.1850 | H4 |

EURUSD, H4: EURUSD extended gains following prior closure above the resistance level of 1.1850. Both MA lines which continues to expand upwards suggests EURUSD to continue its upward momentum after closing above the psychological level of 1.1900.
Resistance level: 1.1900, 1.1960
Support level: 1.1850, 1.1775