GCMAsia - 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