GCMAsia - NZDUSD

NZDUSD
2017-08-01
| Resistance and Support | Level | Explanation |
| Resistance | 0.7520 | H4 |
| Support | 0.7465 | H4 |

NZDUSD, H4: NZDUSD remains traded within the range of 0.7465 and 0.7520 while currently testing near the top level. A closure below the 20-MA line (red) would suggest NZDUSD to fall back and to be traded lower towards the target at 0.7465.
Resistance level: 0.7520, 0.7560
Support level: 0.7465, 0.7400