GCMAsia - NZDUSD

NZDUSD
2017-10-26
| Resistance and Support | Level | Explanation |
| Resistance | 0.6935 | H4 |
| Support | 0.6880 | H4 |

NZDUSD, H4: NZDUSD was traded higher following prior rebound while currently testing near the support level of 0.6680. Both MA lines which continues to expand downwards suggest the pair to extend its bearish momentum after closing below the target of 0.6680.
Resistance level: 0.6935, 0.6975
Support level: 0.6880, 0.6815