GCMAsia - EURUSD

EURUSD
2019-01-17
| Resistance and Support | Level | Explanation |
| Resistance | 1.1435 | Daily |
| Support | 1.1375 | Daily |

EURUSD, Daily: EURUSD was traded lower following prior breakout below the previous support level at 1.1435. MACD which illustrate bearish momentum and the formation of death cross suggest the pair to extend its losses toward the support level at 1.1375.
Resistance level: 1.1435, 1.1495
Support level: 1.1375, 1.1310