GCMAsia - NZDUSD

NZDUSD
2017-07-03
| Resistance and Support | Level | Explanation |
| Resistance | 0.7345 | Daily |
| Support | 0.7250 | Daily |

NZDUSD, Daily: NZDUSD were traded lower following a retrace from the resistance level at 0.7345. MACD indicator which continues to hover outside of upward momentum suggests NZDUSD may extend its technical correction towards the target of support level at 0.7250 in short-term.
Resistance level: 0.7345, 0.7400
Support level: 0.7250, 0.7180