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GCMAsia - NZDUSD
NZDUSD
NZDUSD
2017-08-03
Resistance and Support Level Explanation
Resistance 0.7415 H4
Support 0.7375 H4

NZDUSD, H4: NZDUSD was traded lower following prior closure below the strong support level of 0.7415. Both MA lines which continues to narrow downwards suggests NZDUSD to extend its losses towards the support level of 0.7375.

 

Resistance level: 0.7415, 0.7465

Support level: 0.7375, 0.7330