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GCMAsia - EURUSD
EURUSD
EURUSD
2018-08-13
Resistance and Support Level Explanation
Resistance 1.1525 Daily
Support 1.1315 Daily

EURUSD, Daily: EURUSD was traded lower following recent breakout below the support level 1.1525 while currently testing near the support level 1.1315. MACD which illustrate ongoing bearish momentum suggest the pair to extend its losses after it breaks below the support level 1.1315.

 

Resistance level: 1.1525, 1.1760

Support level: 1.1315, 1.1105