GCMAsia - EURUSD

EURUSD
2018-08-27
Resistance and Support | Level | Explanation |
Resistance | 1.1760 | Daily |
Support | 1.1525 | Daily |
EURUSD, Daily: EURUSD was traded higher following prior breakout above the previous resistance level 1.1525. Recent price action and MAC which illustrate clear bullish signal with the golden cross formation suggest the pair may extend its gains towards the resistance level 1.1760.
Resistance level: 1.1760, 1.1925
Support level: 1.1525, 1.1315