GCMAsia - EURUSD

EURUSD
2018-08-06
| Resistance and Support | Level | Explanation |
| Resistance | 1.1770 | Daily |
| Support | 1.1560 | Daily |

EURUSD, Daily: EURUSD remain traded in a falling wedge channel while currently testing the lower level of the channel and support level 1.1560. Although MACD display bearish momentum signal, a breakout below the support level 1.1560 is required for further confirmation.
Resistance level: 1.1770, 1.1955
Support level: 1.1560, 1.1335