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021117 NZDUSD

by | Nov 2, 2017 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2017-11-02
Resistance and Support Level Explanation
Resistance 0.6950 H4
Support 0.6880 H4

NZDUSD, H4: NZDUSD was traded higher following a rebound from the support level of 0.6880. Both MA lines which continues to narrow upwards suggest ongoing upside bias and the pair is suggested to advance further up, towards the direction of 0.6950.

 

Resistance level: 0.6950, 0.7040

Support level: 0.6880, 0.6830