GCMAsia - NZDUSD

NZDUSD
2017-06-22
Resistance and Support | Level | Explanation |
Resistance | 0.7280 | H4 |
Support | 0.7220 | H4 |
NZDUSD, H4: NZDUSD remained traded within a narrowing triangle following a rebound from the support level of 0.7220. It is expected to advance further up, towards the top level of the triangle. A breakout from the top level would signal a change in trend direction to move further upwards.
Resistance level: 0.7280, 0.7340
Support level: 0.7220, 0.7170