GCMAsia - EURUSD
EURUSD
2017-10-16
| Resistance and Support | Level | Explanation |
| Resistance | 1.1865 | Daily |
| Support | 1.1680 | Daily |
EURUSD, Daily: EURUSD was traded lower following prior retracement from the resistance level of 1.1865. Current bearish bias suggests the pair to extend its losses towards the next target at 1.1680 after a successful closure below the 20-MA line (red).
Resistance level: 1.1865, 1.2090
Support level: 1.1680, 1.1425