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GCMAsia - EURUSD
EURUSD
EURUSD
2018-05-14
Resistance and Support Level Explanation
Resistance 1.2055 Daily
Support 1.1935 Daily

EURUSD, Daily: EURUSD pared its prior losses following a rebound and closure above the resistance level at 1.1935. MACD histogram which has formed a golden cross signal may suggest the pair to extend its gains in short-term, towards the 20-MA line (red).

 

Resistance level: 1.2055, 1.2170

Support level: 1.1935, 1.1770