GCMAsia - NZDUSD

NZDUSD
2018-03-02
| Resistance and Support | Level | Explanation |
| Resistance | 0.7280 | H4 |
| Support | 0.7185 | H4 |

NZDUSD, H4: NZDUSD extended gains following prior rebound from the strong support level of 0.7185. Recent closure above the 20-MA line and formation of bullish signal from MACD histogram suggests the pair to extend its gains towards the direction of resistance level at 0.7280.
Resistance level: 0.7280, 0.7330
Support level: 0.7185, 0.7140