GCMAsia - EURUSD
EURUSD
2017-09-25
| Resistance and Support | Level | Explanation |
| Resistance | 1.2100 | Daily |
| Support | 1.1910 | Daily |
EURUSD, Daily: EURUSD remains traded within an upward channel while currently testing at the bottom level. MACD histogram which shows substantial downward momentum suggests possibility to occur a breakout and signal a change in trend direction to move further downwards thereafter.
Resistance level: 1.2100, 1.2340
Support level: 1.1910, 1.1610