GCMAsia - EURUSD

EURUSD
2017-07-28
| Resistance and Support | Level | Explanation |
| Resistance | 1.1720 | H4 |
| Support | 1.1620 | H4 |

EURUSD, H4: EURUSD were traded higher following prior rebound while closing above the 20-MA line (red). Such price movement suggests EURUSD to be traded higher and retest at the resistance level of 1.1720.
Resistance level: 1.1720, 1.1815
Support level: 1.1620, 1.1540