GCMAsia - NZDUSD

NZDUSD
2017-04-06
| Resistance and Support | Level | Explanation |
| Resistance | 0.6985 | H4 |
| Support | 0.6965 | H4 |

NZDUSD, H4: NZDUSD continued its trading within the downward channel following prior retracement from the 20-moving average line (red). A breakthrough from the support level of 0.6965 would suggest NZDUSD to advance further down, towards the lower level of the channel thereafter.
Resistance level: 0.6985, 0.7010
Support level: 0.6965, 0.6930