GCMAsia - NZDUSD
NZDUSD
2017-10-23
| Resistance and Support | Level | Explanation |
| Resistance | 0.6975 | H1 |
| Support | 0.6935 | H1 |
NZDUSD, H1: NZDUSD was traded higher prior its rebound from support level at 0.6935. Formation of pin bar candlestick and positive divergence as shown by MACD signal line suggest the pair to undergo short-term technical correction to trade higher toward the resistance level at 0.6975.
Resistance level: 0.6975, 0.7000
Support level: 0.6935, 0.6875