GCMAsia - NZDUSD
NZDUSD
2018-03-16
| Resistance and Support | Level | Explanation |
| Resistance | 0.7340 | H4 |
| Support | 0.7260 | H4 |
NZDUSD, H4: NZDUSD was traded lower prior breaking support by 200-MA line and the pair is currently testing the support level at 0.7260. MACD histogram that portrays increasing bearish momentum would suggest the pair to extend its losses if breakout at the current support level is successful.
Resistance level: 0.7340, 0.7390
Support level: 0.7260, 0.7230