GCMAsia - EURUSD
EURUSD
2017-10-09
| Resistance and Support | Level | Explanation |
| Resistance | 1.1865 | Daily |
| Support | 1.1680 | Daily |
EURUSD, Daily: EURUSD was traded higher following prior rebound from the strong support level at 1.1680. Such price action while coupled with diminishing downward momentum from MACD histogram suggests further upside bias for the pair to advance towards the target of resistance level at 1.1865.
Resistance level: 1.1865, 1.2090
Support level: 1.1680, 1.1425