GCMAsia - EURUSD
EURUSD
2017-05-18
| Resistance and Support | Level | Explanation |
| Resistance | 1.1260 | Daily |
| Support | 1.1130 | Daily |
EURUSD, Daily: EURUSD extended its upward momentum after the formation of golden cross by both moving average line. As the MACD histogram continues to illustrate upward signal and momentum, it is suggested to move further up, towards the target of resistance level at 1.1260.
Resistance level: 1.1260, 1.1340
Support level: 1.1130, 1.0980