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GCMAsia - NZDUSD
NZDUSD
NZDUSD
2017-08-08
Resistance and Support Level Explanation
Resistance 0.7375 H4
Support 0.7330 H4

NZDUSD, H4: NZDUSD extended its losses following prior formation of death cross by both MA lines. Both lines which continues to expand downwards suggests NZDUSD to advance further down, towards the next target at 0.7330.

 

Resistance level: 0.7375, 0.7415

Support level: 0.7330, 0.7275