GCMAsia - EURUSD

EURUSD
2018-09-10
| Resistance and Support | Level | Explanation |
| Resistance | 1.1735 | Daily |
| Support | 1.1530 | Daily |

EURUSD, Daily: EURUSD was traded lower while currently testing the support level 1.1530. Recent price action and MACD which illustrate a bearish momentum and formation of a death cross suggest the pair to extend its losses after a breakout below the support level 1.1530.
Resistance level: 1.1735, 1.1925
Support level: 1.1530, 1.1330