GCMAsia - EURUSD
EURUSD
2017-10-23
| Resistance and Support | Level | Explanation |
| Resistance | 1.1860 | Daily |
| Support | 1.1700 | Daily |
EURUSD, Daily: EURUSD remained under pressure following prior retracement from the strong resistance level of 1.1860. Recent closure below the 20-MA line (red) suggest further downside bias for the pair to fallback towards the strong support level near 1.1700.
Resistance level: 1.1860, 1.2090
Support level: 1.1700, 1.1450