GCMAsia - 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