GCMAsia - EURUSD

EURUSD
2017-07-24
| Resistance and Support | Level | Explanation |
| Resistance | 1.1700 | Daily |
| Support | 1.1550 | Daily |

EURUSD, Daily: EURUSD extended its uptrend following prior formation of golden cross by both MA lines. The increasing upward momentum from MACD suggests EURUSD to extend its gains after successfully closing above the psychological level of 1.1700.
Resistance level: 1.1700, 1.1880
Support level: 1.1550, 1.1370