GCMAsia - EURUSD
EURUSD
2017-05-22
| Resistance and Support | Level | Explanation |
| Resistance | 1.1260 | Daily |
| Support | 1.1145 | Daily |
EURUSD, Daily: EURUSD extended its gains following prior formation of golden cross by both moving average line. With regards to MACD histogram which portrays significant upward signal and momentum, a closure above the resistance level of 1.1260 would suggest EURUSD to move further upwards.
Resistance level: 1.1260, 1.1365
Support level: 1.1145, 1.0975