GCMAsia - NZDUSD

NZDUSD
2017-08-02
| Resistance and Support | Level | Explanation |
| Resistance | 0.7465 | H4 |
| Support | 0.7400 | H4 |

NZDUSD, H4: NZDUSD were traded lower following prior closure below the strong support of 0.7465. Recent closure below the 60-MA line (green) suggests NZDUSD to extend its losses towards the next target of support level at 0.7400.
Resistance level: 0.7465, 0.7520
Support level: 0.7400, 0.7335