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GCMAsia - NZDUSD
NZDUSD
NZDUSD
2017-06-07
Resistance and Support Level Explanation
Resistance 0.7255 Daily
Support 0.7160 Daily

NZDUSD, Daily: NZDUSD has recently closed above the resistance level of 0.7160 after both MA line continues to expand upwards after the formation of golden cross. MACD histogram which continues to illustrate substantial upward signal suggests NZDUSD to move further upwards towards the target of resistance level at 0.7255.

 

Resistance level: 0.7255, 0.7375

Support level: 0.7160, 0.7095