GCMAsia - 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