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GCMAsia - EURUSD
EURUSD
EURUSD
2017-05-29
Resistance and Support Level Explanation
Resistance 1.1260 Daily
Support 1.0975 Daily

EURUSD, Daily: EURUSD was traded lower following prior retracement from the resistance level of 1.1260. MACD histogram begins to illustrate downward signal suggests EURUSD to extend its downward momentum after breaking the support level of 1.1145.

 

Resistance level: 1.1260, 1.1365

Support level: 1.0975, 1.0850