GCMAsia - NZDUSD

NZDUSD
2017-10-27
| Resistance and Support | Level | Explanation |
| Resistance | 0.6880 | Daily |
| Support | 0.6720 | Daily |

NZDUSD, Daily: NZDUSD furthers its losses following prior closure below the support level of 0.6880. Both moving average line which expand significantly towards the downside suggest further bearish bias for the pair and next target will be focused at 0.6720.
Resistance level: 0.6880, 0.7040
Support level: 0.6720, 0.6615