GCMAsia - EURUSD
EURUSD
2017-04-03
| Resistance and Support | Level | Explanation |
| Resistance | 1.0705 | Daily |
| Support | 1.0565 | Daily |
EURUSD, Daily: EURUSD remains traded within an upward channel following prior retracement from the top level of the channel. Referring to the MACD histogram which illustrates downward signal and momentum, EURUSD is expected to advance further down, towards the bottom level of the channel near the support level of 1.0565.
Resistance level: 1.0705, 1.0820
Support level: 1.0565, 1.0340