GCMAsia - NZDUSD
NZDUSD
2017-04-03
| Resistance and Support | Level | Explanation |
| Resistance | 0.7055 | Daily |
| Support | 0.6980 | Daily |
NZDUSD, Daily: NZDUSD remains traded within the range of 0.6980 and 0.7055 while currently testing near the 20-moing average line (red). A closure above this line would suggest NZDUSD to advance further up, towards the upper level of the range in short-term. Otherwise, long-term trend direction could only be determined after a successful breakout from either side of the range.
Resistance level: 0.7055, 0.7115
Support level: 0.6980, 0.6860