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GCMAsia - EURUSD
EURUSD
EURUSD
2018-07-30
Resistance and Support Level Explanation
Resistance 1.1700 Daily
Support 1.1560 Daily

EURUSD, Daily: EURUSD remains traded within a descending triangle following prior retracement from the top level. MACD which has formed a death cross signal may suggest the pair to extend its losses in short-term, towards the direction of support level near 1.1560.

 

Resistance level: 1.1700, 1.1850

Support level: 1.1560, 1.1445