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GCMAsia - NZDUSD
NZDUSD
NZDUSD
2017-06-06
Resistance and Support Level Explanation
Resistance 0.7160 Daily
Support 0.7095 Daily

NZDUSD, Daily: NZDUSD extended its gains following prior formation of golden cross by both MA lines. MACD histogram which continues to illustrate substantial upward momentum suggests NZDUSD to move further upwards after breaking the resistance level of 0.7160.

 

Resistance level: 0.7160, 0.7255

Support level: 0.7095, 0.7030