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GCMAsia - NZDUSD
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