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060717 NZDUSD

by | Jul 6, 2017 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2017-07-06
Resistance and Support Level Explanation
Resistance 0.7285 H1
Support 0.7270 H1

NZDUSD, H1: NZDUSD remained traded within a downward channel while recently rebounded from the support level of 0.7270. Recent closure above the 60-moving average line (green) suggests further upward bias for NZDUSD to head towards the target of 0.7285.

 

Resistance level: 0.7285, 0.7300

Support level: 0.7270, 0.7250