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250517 NZDUSD

by | May 25, 2017 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2017-05-25
Resistance and Support Level Explanation
Resistance 0.7095 Daily
Support 0.7030 Daily

NZDUSD, Daily: NZDUSD has recently broke out from the top level of downward channel, signalling a change in trend direction to move further upwards. MACD histogram continues to illustrate upward signal and momentum suggests NZDUSD to move further upwards towards the target of resistance level at 0.7095.

 

Resistance level: 0.7095, 0.7160

Support level: 0.7030, 0.6950