GCMAsia - EURUSD

EURUSD
2018-08-20
Resistance and Support | Level | Explanation |
Resistance | 1.1525 | Daily |
Support | 1.1315 | Daily |
EURUSD, Daily: EURUSD was traded higher following prior rebound from the support level 1.1315. Recent price action and MACD which illustrate bullish signal with starting formation of golden cross suggest the pair to extend its rebound towards the resistance level 1.1525.
Resistance level: 1.1525, 1.1760
Support level: 1.1315, 1.1105