GCMAsia - EURUSD

EURUSD
2018-06-11
| Resistance and Support | Level | Explanation |
| Resistance | 1.1850 | Daily |
| Support | 1.1700 | Daily |

EURUSD, Daily: EURUSD was traded higher following prior rebound near the 20-MA line (red). MACD histogram which continues to illustrate bullish signal suggests the pair to extend its gains after breaking the strong resistance level near 1.1850.
Resistance level: 1.1850, 1.2000
Support level: 1.1700, 1.1600