GCMAsia - EURUSD
EURUSD
2018-03-19
| Resistance and Support | Level | Explanation |
| Resistance | 1.2400 | Daily |
| Support | 1.2270 | Daily |
EURUSD, Daily: EURUSD remains traded within a descending channel following prior retracement from the upper level. MACD histogram which illustrate the formation of downward signal and momentum may suggest the pair to advance further down after successfully breaking the strong support level at 1.2270.
Resistance level: 1.2400, 1.2500
Support level: 1.2270, 1.2170