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131017 NZDUSD

by | Oct 13, 2017 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2017-10-13
Resistance and Support Level Explanation
Resistance 0.7145 H4
Support 0.7100 H4

NZDUSD, H4: NZDUSD extended its gains following prior closure above the threshold of 0.7100. Signal line from MACD histogram which continues to expand upwards suggests NZDUSD to extend its bullish momentum after closing above the resistance level of 0.7145.

 

Resistance level: 0.7145, 0.7185

Support level: 0.7100, 0.7055