GCMAsia - NZDUSD
NZDUSD
2017-08-07
| Resistance and Support | Level | Explanation |
| Resistance | 0.7470 | Daily |
| Support | 0.7400 | Daily |
NZDUSD, Daily: NZDUSD was traded lower following prior closure below the 20-MA line (red) while currently testing at the support level of 0.7400. A closure below this level would suggests NZDUSD to extend its downward momentum and test near the upward trend line thereafter.
Resistance level: 0.7470, 0.7550
Support level: 0.7400, 0.7320