83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia - EURUSD
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