GCMAsia - EURUSD

EURUSD
2017-08-29
| Resistance and Support | Level | Explanation |
| Resistance | 1.2000 | Daily |
| Support | 1.1880 | Daily |

EURUSD, Daily: EURUSD extended gains following prior closure above the resistance level of 1.1880. MACD histogram which illustrates positive divergence signal suggests EURUSD to continue its upward momentum after closing above the psychological level of 1.2000.
Resistance level: 1.2000, 1.2150
Support level: 1.1880, 1.1700