GCMAsia - NZDUSD

NZDUSD
2017-11-03
| Resistance and Support | Level | Explanation |
| Resistance | 0.6950 | H4 |
| Support | 0.6880 | H4 |

NZDUSD, H4: NZDUSD was traded higher following prior rebound from the support level of 0.6880. Both moving average line which continues to narrow upwards suggest ongoing upside bias and the pair is expected to advance further up towards the first target at 0.6950.
Resistance level: 0.6950, 0.7040
Support level: 0.6880, 0.6830