GCMAsia - NZDUSD
NZDUSD
2018-03-09
| Resistance and Support | Level | Explanation |
| Resistance | 0.7255 | H1 |
| Support | 0.7230 | H1 |
NZDUSD, H1: NZDUSD has recently broke out from the bottom level of ascending channel, signalling a change in trend direction to move further downwards. Both MA lines and MACD histogram which illustrate bearish bias suggests the pair to extend its losses towards the next target at 0.7230.
Resistance level: 0.7255, 0.7280
Support level: 0.7230, 0.7185