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GCMAsia - NZDUSD
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