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GCMAsia - NZDUSD
NZDUSD
NZDUSD
2017-10-03
Resistance and Support Level Explanation
Resistance 0.7185 H4
Support 0.7100 H4

NZDUSD, H4: NZDUSD extended its losses following prior closure below the strong support level of 0.7185. Both MA lines which continues to expand downwards suggests further downside bias for the pair to advance further down towards the next support level at 0.7100.

 

Resistance level: 0.7185, 0.7275

Support level: 0.7100, 0.7040