GCMAsia - EURUSD
EURUSD
2018-07-23
| Resistance and Support | Level | Explanation |
| Resistance | 1.1850 | Daily |
| Support | 1.1700 | Daily |
EURUSD, Daily: EURUSD was traded higher following prior breakout from the top level of descending triangle. Recent price action while coupled with MACD which illustrate bullish signal suggests the pair to extend its gains, towards the direction of next target near 1.1850.
Resistance level: 1.1850, 1.2000
Support level: 1.1700, 1.1560