GCMAsia - NZDUSD

NZDUSD
2017-09-05
| Resistance and Support | Level | Explanation |
| Resistance | 0.7185 | Daily |
| Support | 0.7095 | Daily |

NZDUSD, Daily: NZDUSD was traded lower after breaking support level at 0.7185. Currently, the pair is testing support by 200-MA line. However, formation of bullish pin bar and upward slope of MACD histogram gives an indication to NZDUSD on bias to trade higher, testing resistance level at 0.7185.
Resistance level: 0.7185, 0.7275
Support level: 0.7095, 0.7000