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GCMAsia - NZDUSD
NZDUSD
NZDUSD
2017-10-06
Resistance and Support Level Explanation
Resistance 0.7145 Daily
Support 0.7100 Daily

NZDUSD, Daily: NZDUSD extended its losses following prior closure below the key support level of 0.7145. Both MA line which continues to skew downwards suggests the pair to move further down after breaking the support level of 0.7100.

 

Resistance level: 0.7145, 0.7185

Support level: 0.7100, 0.6975