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GCMAsia - NZDUSD
NZDUSD
NZDUSD
2017-06-28
Resistance and Support Level Explanation
Resistance 0.7310 Daily
Support 0.7255 Daily

NZDUSD, Daily: NZDUSD were traded in uptrend following prior formation of golden cross while currently hovering near previous high at 0.7310. As both MA lines continue to expand upwards, a successful closure above the strong resistance level of 0.7310 would suggest NZDUSD to extend its uptrend.

 

Resistance level: 0.7310, 0.7375

Support level: 0.7255, 0.7160