GCMAsia - NZDUSD

NZDUSD
2017-10-02
| Resistance and Support | Level | Explanation |
| Resistance | 0.7275 | Daily |
| Support | 0.7185 | Daily |

NZDUSD, Daily: NZDUSD remains traded within a descending triangle while currently testing at the strong support level of 0.7185. MACD histogram which illustrate consistent downward signal suggests possibility to occur a breakout and signal a change in trend direction to move further down thereafter.
Resistance level: 0.7275, 0.7380
Support level: 0.7185, 0.7100