GCMAsia - EURUSD
EURUSD
2018-03-05
| Resistance and Support | Level | Explanation |
| Resistance | 1.2400 | Daily |
| Support | 1.2270 | Daily |
EURUSD, Daily: EURUSD extended its recovery following prior rebound from the support level near 1.2170. MACD histogram which continues to illustrate diminishing downward momentum suggests the pair to advance further upwards after closing above the 20-MA line (red).
Resistance level: 1.2400, 1.2500
Support level: 1.2270, 1.2170