GCMAsia - 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