GCMAsia - NZDUSD

NZDUSD
2018-04-10
| Resistance and Support | Level | Explanation |
| Resistance | 0.7315 | H4 |
| Support | 0.7285 | H4 |

NZDUSD, H4: NZDUSD was traded higher following prior rebound while currently testing at the strong resistance level near 0.7315. MACD histogram which illustrate substantial upward signal suggests further bullish bias. However, a closure above the target of 0.7315 is required to attain further confirmation.
Resistance level: 0.7315, 0.7340
Support level: 0.7285, 0.7255