
EURUSD, Daily: EURUSD was traded higher following prior rebound from the support level near 1.2055. Recent pin bar formation while coupled with diminished downward signal from MACD histogram may suggest the pair to be traded higher in short-term, towards the direction of resistance level near 1.2170.
Resistance level: 1.2170, 1.2320
Support level: 1.2055, 1.1935