GCMAsia - NZDUSD

NZDUSD
2017-11-07
| Resistance and Support | Level | Explanation |
| Resistance | 0.6950 | H4 |
| Support | 0.6880 | H4 |

NZDUSD, H4: NZDUSD extended its gains following prior rebound while currently testing at the resistance level of 0.6950. Both MA line which continues to expand upwards suggest the pair to advance further up after closing above the target of 0.6950.
Resistance level: 0.6950, 0.7040
Support level: 0.6880, 0.6830