GCMAsia - NZDUSD

NZDUSD
2017-10-09
| Resistance and Support | Level | Explanation |
| Resistance | 0.7095 | H1 |
| Support | 0.7055 | H1 |

NZDUSD, H1: NZDUSD was traded higher prior its rebound from support level at 0.7055. Formation of bullish pin bar and possible formation of positive divergence by MACD signal line suggest the pair to undergo short-term bullish momentum to trade higher toward resistance level at 0.7095.
Resistance level: 0.7095, 0.7145
Support level: 0.7055, 0.7000