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GCMAsia - NZDUSD
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