GCMAsia - EURUSD

EURUSD
2017-10-17
| Resistance and Support | Level | Explanation |
| Resistance | 1.1880 | H4 |
| Support | 1.1780 | H4 |

EURUSD, H4: EURUSD was traded lower prior its retracement from resistance by 200-MA line. The pair is currently testing the support level at 1.1780. Successful closure below the said support level would suggest the pair to continue its losses toward the next support level at 1.1740.
Resistance level: 1.1880, 1.1990
Support level: 1.1780, 1.1740