GCMAsia - EURUSD

EURUSD
2017-08-21
| Resistance and Support | Level | Explanation |
| Resistance | 1.1880 | Daily |
| Support | 1.1700 | Daily |

EURUSD, Daily: EURUSD was traded higher following prior rebound from the strong support level of 1.1700. Such price movement suggests further upside bias for EURUSD to advance further upwards after successfully closing above the 20-MA line (red).
Resistance level: 1.1880, 1.2000
Support level: 1.1700, 1.1550