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GCMAsia - EURUSD
EURUSD
EURUSD
2017-07-10
Resistance and Support Level Explanation
Resistance 1.1445 Daily
Support 1.1325 Daily

EURUSD, Daily: EURUSD remained traded within a range of 1.1325 and 1.1445 following prior retrace from the top level. MACD which continues to drift outside of upward momentum suggests EURUSD to oscillate within the trading range in short-term. Long-term trend direction could only be determined after a successful breakout from either side of the trading range.

 

Resistance level: 1.1445, 1.1540

Support level: 1.1325, 1.1210