GCMAsia - EURUSD
EURUSD
2018-07-16
| Resistance and Support | Level | Explanation |
| Resistance | 1.1700 | Daily |
| Support | 1.1560 | Daily |
EURUSD, Daily: EURUSD remains traded within a descending triangle following prior retracement from the top level. MACD histogram which begins to form bearish crossover suggests the pair to advance further down in short-term after closing below the 20-MA line (red).
Resistance level: 1.1700, 1.1850
Support level: 1.1560, 1.1445