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GCMAsia - EURUSD
EURUSD
EURUSD
2017-07-31
Resistance and Support Level Explanation
Resistance 1.1880 Daily
Support 1.1700 Daily

EURUSD, Daily: EURUSD extended its uptrend following prior closure above the strong resistance level at 1.1700. MACD which illustrates a substantial increase in upward momentum suggests further upside bias for EURUSD to extend towards 1.1880.

 

Resistance level: 1.1880, 1.2000

Support level: 1.1700, 1.1550