GCMAsia - NZDUSD
NZDUSd
2018-03-21
| Resistance and Support | Level | Explanation |
| Resistance | 0.7185 | H1 |
| Support | 0.7140 | H1 |
NZDUSD, H1: NZDUSD was traded higher following prior rebound while currently testing at prior resistance of 0.7185. MACD histogram which portrays diminishing downward signal and momentum suggests the pair to be traded higher in short-term as technical correction. Otherwise, long-term trend direction is still subject to the downward trendline.
Resistance level: 0.7185, 0.7250
Support level: 0.7140, 0.7105