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GCMAsia - EURUSD
EURUSD
EURUSD
2017-09-11
Resistance and Support Level Explanation
Resistance 1.2100 Weekly
Support 1.1910 Weekly

EURUSD, Weekly: EURUSD extended its uptrend following prior closure above the resistance level of 1.1915. MACD indicator which continues to illustrate increasing upward momentum suggests EURUSD to advance further up and retest near previous high of 1.2100.

 

Resistance level: 1.2100, 1.2340

Support level: 1.1910, 1.1610