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GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-04-04
Resistance and Support Level Explanation
Resistance 0.7280 H4
Support 0.7250 H4

NZDUSD, H4: NZDUSD remains traded within a descending triangle while currently testing at the top level. Stochastic Oscillator which has formed a retracement signal from the overbought region may suggest the pair to be traded lower in short-term, in the event of a bearish retrace from the top level.

 

Resistance level: 0.7280, 0.7340

Support level: 0.7250, 0.7200