83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia - NZDUSD
NZDUSD
NZDUSD
2017-06-08
Resistance and Support Level Explanation
Resistance 0.7225 H4
Support 0.7165 H4

NZDUSD, H4: NZDUSD extended its uptrend following the upward expansion of both MA line after the formation of golden cross. A closure above the resistance level of 0.7225 would suggest NZDUSD to extend its upward momentum.

 

Resistance level: 0.7225, 0.7285

Support level: 0.7165, 0.7110