GCMAsia - EURUSD

EURUSD
2017-08-30
| Resistance and Support | Level | Explanation |
| Resistance | 1.2000 | Daily |
| Support | 1.1880 | Daily |

EURUSD, Daily: EURUSD extended its gains following prior closure above the resistance level of 1.1880. MACD histogram which continues to illustrate positive divergence suggests EURUSD to advance further up and retest at the psychological level of 1.2000.
Resistance level: 1.2000, 1.2150
Support level: 1.1880, 1.1700