GCMAsia - EURUSD
EURUSD
2017-07-25
| Resistance and Support | Level | Explanation |
| Resistance | 1.1700 | Daily |
| Support | 1.1550 | Daily |
EURUSD, Daily: EURUSD was traded lower following prior retracement from the psychological level at 1.1700. Such price action suggests EURUSD to be traded lower in short-term as technical correction. Otherwise, long-term trend direction still suggests EURUSD to extend its uptrend.
Resistance level: 1.1700, 1.1880
Support level: 1.1550, 1.1370