GCMAsia - NZDUSD
NZDUSD
2017-06-09
| Resistance and Support | Level | Explanation |
| Resistance | 0.7225 | H4 |
| Support | 0.7165 | H4 |
NZDUSD, H4: NZDUSD was traded in an uptrend following the expansion of both MA line while heading upwards. However, as the MACD indicator remained hovered outside of upward momentum, NZDUSD may be traded lower in short-term as technical correction. Long-term trend direction still suggests NZDUSD to move further up after breaking the resistance level of 0.7225.
Resistance level: 0.7225, 0.7285
Support level: 0.7165, 0.7110