GCMAsia - NZDUSD

NZDUSD
2017-06-23
| Resistance and Support | Level | Explanation |
| Resistance | 0.7280 | H4 |
| Support | 0.7220 | H4 |

NZDUSD, H4: NZDUSD were traded lower following prior retracement from the top level of narrowing triangle. A closure below the 20-moving average line (red) would suggest NZDUSD to advance towards the support level of 0.7220.
Resistance level: 0.7280, 0.7340
Support level: 0.7220, 0.7170