GCMAsia - NZDUSD

NZDUSD
2018-07-23
| Resistance and Support | Level | Explanation |
| Resistance | 0.6835 | H4 |
| Support | 0.6800 | H4 |

NZDUSD, H4: NZDUSD remain traded in a falling wedge channel while currently testing the top level of the channel. Price action and MACD display signals of bullish momentum. However, a breakout above the top level of channel is needed to attain confirmation.
Resistance level: 0.6835, 0.6910
Support level: 0.6800, 0.6750