GCMAsia - NZDUSD
NZDUSD
2018-03-06
| Resistance and Support | Level | Explanation |
| Resistance | 0.7280 | H4 |
| Support | 0.7185 | H4 |
NZDUSD, H4: NZDUSD was traded higher following prior rejection near the support level at 0.7185. MACD histogram which illustrate the formation of upward signal and momentum suggests further upside bias. Thus, a closure above the 20-MA line (red) is required to further validate such bias.
Resistance level: 0.7280, 0.7330
Support level: 0.7185, 0.7140