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010318 NZDUSD

by | Mar 1, 2018 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-03-01
Resistance and Support Level Explanation
Resistance 0.7280 Daily
Support 0.7185 Daily

NZDUSD, Daily: NZDUSD extended its losses while currently testing near the neckline of double top formation at 0.7185. MACD histogram which illustrate substantial downward signal and momentum suggests the pair to deepen its losses after breaking the critical support of 0.7185.

 

Resistance level: 0.7280, 0.7435

Support level: 0.7185, 0.7105