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040417 NZDUSD

by | Apr 4, 2017 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2017-04-04
Resistance and Support Level Explanation
Resistance 0.7010 H4
Support 0.6990 H4

NZDUSD, H4: NZDUSD remains traded within a downward channel following prior retracement from the 60-moving average line (green). A successful closure below the support level of 0.6990 will suggests NZDUSD to advance further down, towards the lower level of the channel.

 

Resistance level: 0.7010, 0.7040

Support level: 0.6990, 0.6965