GCMAsia - NZDUSD

NZDUSD
2018-03-08
| Resistance and Support | Level | Explanation |
| Resistance | 0.7330 | H1 |
| Support | 0.7280 | H1 |

NZUDSD, H1: NZDUSD remains traded within an ascending channel following prior rebound from the bottom level. MACD histogram which illustrate diminishing downward momentum suggests some bullish bias. Thus, a rebound from the support level of 0.7280 is required to further validate such bias.
Resistance level: 0.7330, 0.7400
Support level: 0.7280, 0.7230