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GCMAsia - NZDUSD
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