GCMAsia - NZDUSD
NZDUSD
2018-05-07
| Resistance and Support | Level | Explanation |
| Resistance | 0.7040 | Daily |
| Support | 0.6950 | Daily |
NZDUSD, D1: NZDUSD was traded lower prior breaking support level at 0.7040. However, MACD signal line that is going to form a golden-cross would suggest the pair to undergo short-term technical correction to trade higher towards its previous low.
Resistance level: 0.7040, 0.7110
Support level: 0.6950, 0.6880