GCMAsia - 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