GCMAsia - NZDUSD
NZDUSD
2018-05-08
| Resistance and Support | Level | Explanation |
| Resistance | 0.7030 | H1 |
| Support | 0.7005 | H1 |
NZDUSD, H1: NZDUSD remains traded within a narrowing triangle while currently testing at the top level. Both Stochastic Oscillator and MACD histogram which illustrate upward signal suggests further bullish bias. However, it would require a break above the triangle and target at 0.7030 to attain further confirmation.
Resistance level: 0.7030, 0.7055
Support level: 0.7005, 0.6990