GCMAsia - NZDUSD

NZDUSD
2017-07-07
| Resistance and Support | Level | Explanation |
| Resistance | 0.7285 | H1 |
| Support | 0.7270 | H1 |

NZUDSD, H1: NZDUSD remained traded within a downward channel following prior rebound from the support level of 0.7270. It is expected to advance further up and retest at the top level in short-term. A successful breakout from this level would signal a change in trend direction to move further up thereafter.
Resistance level: 0.7285, 0.7300
Support level: 0.7270, 0.7250