GCMAsia - EURUSD

EURUSD
2018-04-09
| Resistance and Support | Level | Explanation |
| Resistance | 1.2340 | Daily |
| Support | 1.2200 | Daily |

EURUSD, Daily: EURUSD remains traded within a sideways channel while currently testing at the lower boundaries. MACD histogram which illustrate substantial downward signal may suggest the pair to be traded lower in short-term, towards the direction of strong support level at 1.2200.
Resistance level: 1.2340, 1.2500
Support level: 1.2200, 1.2000