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GCMAsia - NZDUSD
NZDUSD
NZDUSD
2017-07-19
Resistance and Support Level Explanation
Resistance 0.7370 Daily
Support 0.7280 Daily

NZDUSD, Daily: NZDUSD was traded higher following prior rebound from the support level of 0.7280. However, MACD indicator which shows a divergence signal may suggests the lack of upward momentum on NZDUSD. It is suggested to be traded lower in short-term and head towards the support level of 0.7280.

 

Resistance level: 0.7370, 0.7445

Support level: 0.7280, 0.7200