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GCMAsia - NZDUSD
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