GCMAsia - EURUSD
EURUSD
2017-08-10
| Resistance and Support | Level | Explanation |
| Resistance | 1.1780 | H4 |
| Support | 1.1720 | H4 |
EURUSD, H4: EURUSD was traded lower following prior retrace near the 20-MA line (red). Both MA lines which continues to expand downwards suggests further downside bias for EURUSD to advance further down and retest near the strong support level of 1.1720.
Resistance level: 1.1780, 1.1840, 1.1900
Support level: 1.1720, 1.1650