GCMAsia - NZDUSD

NZDUSD
2017-10-05
| Resistance and Support | Level | Explanation |
| Resistance | 0.7185 | Daily |
| Support | 0.7145 | Daily |

NZDUSD, Daily: NZDUSD has recently broke out from the bottom level of descending triangle while currently testing at one of the key support near 0.7145. Both MA lines which continues to skew downwards suggests an ongoing downside bias after successfully closing below this level.
Resistance level: 0.7185, 0.7275
Support level: 0.7145, 0.7100